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Wasn't Amazon doing that in their early days, when they didn't have a track record?
by ryanwaggoner 8y ago
Wasn't Amazon doing that in their early days, when they didn't have a track record?
- dalore 8y agoAnd didn't the share price reflect that at the time, which has now grown considerably now that the market has more confidence in them.
- TylerE 8y agoSort of? I mean unlike 99.9% of the first wave of DotCom startups they managed to avoid actually going bankrupt.
- scarface74 8y agoThey got lucky and secured a line of credit right before the bust.
- johnvanommen 8y agoThat was a dark time. I was living and working near Seattle, and there were basically seven big employers for techies: * Microsoft * Boeing * T-Mobile * WaMu * Amazon * Concur * Real Networks And three of the seven were in severe financial distress. It was like, "hmmm is it time to leave Seattle?"
- voxadam 8y ago"Will the last person leaving Seattle - Turn out the lights" https://static.seattletimes.com/wp-content/uploads/2017/04/cd1e2824-1fbf-11e7-8bc4-4c9cbbc3f2c9-780x479.jpg https://static.seattletimes.com/wp-content/uploads/2017/04/c...
- xkjkls 8y agoI'm sure they ran a lot of experiments in the earlier wild west days of e-commerce that wouldn't look so great today, but we've learned a lot about what a successful e-commerce business looks like since then.