3 ms·
> Amazon, the company that everyone loves point to as an example of how losing money eventually makes money, lost a combined $2.8 billion over its first 17 quar
by ASinclair 7y ago
> Amazon, the company that everyone loves point to as an example of how losing money eventually makes money, lost a combined $2.8 billion over its first 17 quarters as a public company, significantly less than the $4.5 billion Uber lost in 2017.
Source: https://oversharing.substack.com/p/bird-raises-prices-to-trim-to-scooter https://oversharing.substack.com/p/bird-raises-prices-to-tri...
- what_ever 7y agoWas Amazon as big as Uber in those first 17 quarters (in ters of revenue)? If not, it's not an apples-to-apples comparison.