4 ms·

Can someone explain how Jet's business model isn't just selling (or rather, dropshipping) dollars for $0.90?

• ck2 11y ago
  Remember "buy.com" years ago which also was going to "take on amazon". They did the same discounts and went under, bought by rakuten which then promptly exposed customer credit card info. They are limping along today. I suspect jet.com's end game is to be bought.
  • api 11y ago
    For >$1B?
  • arethuza 11y ago
    Value America was another good one - I never even noticed them when they were active but there was at least one moderately entertaining book about their antics that made my own adventures in the dot.com boom seem quite tame.
• callmeed 11y ago
  They'll make it up in volume
• arbuge 11y ago
  Are they actually relying on dropshipping? At scale this could be problematic unless they have really reliable dropshippers to work with. Witness for example the customer service issues this caused Fab.com.