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You are playing games with words. Amazon was making money in the sense that everything they sold had healthy margins. They lost money only because Jeff Bezos be
by lkrubner 8y ago
You are playing games with words. Amazon was making money in the sense that everything they sold had healthy margins. They lost money only because Jeff Bezos believed in the future and continued to invest heavily in the future. He could have stopped investing and taken profits at any moment that he wanted to. But he wanted to keep going and build something bigger than what he had.
Cryptocurrencies don't compare.
- decentralised 8y ago>You are playing games with words. Amazon was making money in the sense that everything they sold had healthy margins. You got to be kidding me. Even today Amazon sells by undercutting profit margins from competitors!
- MereInterest 8y agoThat is absolutely irrelevant in every respect. Company A has costs of $10 and sells at $15. Company B has costs of $8 and sells at $11. Company B has undercut Company A. Company B still has a healthy margin on what it sells.
- decentralised 8y agoThe op claimed that Amazon operates with healthy profit margins which isn't really the case... "your margin is my opportunity"
- ajiang 8y agoAmazon has pretty incredible margins as a business. They invest the profit margin into new ventures and growth.
- richardknop 8y agoAmazon has very good margins, what are you talking about? They bring in tons of cash every quarter.