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They need the returns from the good business units to cover the losses from these big gambles. Google does the same using ad revenue.
by godzillabrennus 9y ago
They need the returns from the good business units to cover the losses from these big gambles.
Google does the same using ad revenue.
- brianwawok 9y agoA supermarket or an existing TV channel is not a big gamble. Big gamble is things like pouring a few billion into self driving cars or building a space station...
- tryingagainbro 9y agoA supermarket or an existing TV channel is not a big gamble. Big gamble is things like pouring a few billion into self driving cars or building a space station... A few billion to Google is nothing. Amazon probably would be smart to buy a lot of stuff using their stock right now...$470 BILLION. Those hard assets can always be sold later
- brianwawok 9y agoExactly even if the wholefoods partnership went nowhere, they can get the money back. A risk to Amazon would be to spend a decent portion of their cash on an unproven or unprofitable venture. Whole foods was profitable. Not wildly, but they made money...