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They have been famous for pushing growth over turning a profit. Thy could have scaled back their growth and probably shown profits much earlier.
by beager 8y ago
They have been famous for pushing growth over turning a profit. Thy could have scaled back their growth and probably shown profits much earlier.
- astura 8y agoWe have absolutely no idea what would have happened to Amazon if they prioritized profit over growth in the early years. There's no guarantee they'd be a successful company now in that alternative future. Undercutting the competition on prices to increase sales volume in the early years was key to their success.
- beager 8y ago100%. Wittingly or unwittingly, it was the right call for them, and pulled a ton of air out of the room for competitors.