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Competition that was on a cash burning trajectory that could have been picked for much, much cheaper later (or just died out)?
by omarchowdhury 10y ago
Competition that was on a cash burning trajectory that could have been picked for much, much cheaper later (or just died out)?
- rgovind 10y agoIf you go cheaper than that and wait, somebody else might snag them up!
- KingMob 10y agoI think by "competition", they were referring to Amazon, not Jet. Buying Jet for 3 gigabucks could still be worth it, if it can help Wal-Mart vault into serious online competition with Amazon.
- aetherson 10y agoWell, sure. But Jet can only help Walmart compete with Amazon if it has some virtues. And the point is, even if its people are great, they aren't worth $3B. If Jet's technology or brand or whatever are going to help Walmart compete with Amazon, then it's not an acquire-hire.