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I agree with hn_throwaway_. Amazon having no chance in people's eyes and being discarded by everyone seems to be an exaggeration. I wasn't even in middle schoo
by skinnymuch 9y ago
I agree with hn_throwaway_. Amazon having no chance in people's eyes and being discarded by everyone seems to be an exaggeration.
I wasn't even in middle school/junior high when I and some other classmates started using Amazon. We loved using it for getting books. There was no weirdness about it. In fact, in my memories, using Amazon was completely normal and seemed like a good idea. This would be in 2000 and 2001.
- taysic 9y agoObvious to a young person like you. Clearly Amazon understood their market. But it was not obvious to entrenched businesses and all investors. Even Warren Buffet admits he made a mistake about Google.
- skinnymuch 9y agoWarren Buffett said those things very recently. He has always been against most tech and web companies because he doesn't understand the space. Buffett was already entering his 70s once the dot com bubble burst and you could look at companies in a better sense. I can see a good example being used. I don't think Buffett is one though.