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My guess would be: - People understand or think they understand Amazons business - Amazon has a history of few failures - Amazon is establishing a physical a
by maxklein 16y ago
My guess would be:
- People understand or think they understand Amazons business
- Amazon has a history of few failures
- Amazon is establishing a physical and technological infrastructure that a lot of other companies will build up on. It's like an operating system in a way, and this will be converted into huge money in the future
- stcredzero 16y agoAmazon has a history of few failures I think Amazon fails all the time. I think it tries to get the opportunity to fail as often as it can. However, Amazon's failures are mostly small scale, and not visible in the press.
- smackfu 16y agoHere's an interesting one: http://www.endless.com/ http://www.endless.com/ It was their competitor to Zappos. Shoe-focused, free overnight shipping and returns. I would call it a failure since they subsequently bought Zappos. But like you said, not very visible since they never shut Endless down. No real point, since it's just another skin on Amazon.com.
- Qz 16y agoSince history only includes what's recorded, I'd say the original statement is still true then.
- lallysingh 16y agoI'd call those failures "failed experiments." Willingness to experiment is the hallmark of a well-run company.