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But Amazon's war chest is near infite. Jet had half a billion in funding but was barely making a dent (while bleeding money) against Amazon and its unprofitable
by sushid 8y ago
But Amazon's war chest is near infite. Jet had half a billion in funding but was barely making a dent (while bleeding money) against Amazon and its unprofitable for anyone else pricing. Amazon barely makes a profit with their streamlined system so how can anyone compete with that.
And we've seen what they can do when a competitor emerges like diapers.com. They bury them in the ground Walmart of the 90s style.