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There should eventually be some time when Amazon does finally cash out, presumably on some timeline as a function of Bezos's mortality. Its unrealistic to be ar
by laxatives 10y ago
There should eventually be some time when Amazon does finally cash out, presumably on some timeline as a function of Bezos's mortality. Its unrealistic to be around forever. How many companies last hundreds of years? How many tech companies last decades?
- serge2k 10y ago> How many tech companies last decades? Amazon is at 2 decades and going strong. Any reason to think they won't last a long time?
- discodave 10y agoMy prediction is AWS will split after Jeff dies (or is otherwise not involved in the company). Then Amazon retail will split from Amazon logistics, and so on.
- ycombobreaker 10y agoMicrosoft is 40 years old. IBM is 100. Some other old companies might not be considered "tech" anymore, but only because their market/product are better defined (e.g. Ford is an auto maker, but the assembly line and the concept of an automobile itself place Ford as the "tech" darling of 110 years ago, IMHO). I think if you don't see old tech companies today, it's because over time their public appearance has quietly lost the "how" (new technology, automation) and only left the "what" (search, ipods, advertising, rockets). But that doesn't mean old tech companies die.
- laxatives 10y agoSurvivorship bias. The vast majority of companies die. The vast majority of tech companies die.