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> The reason it even still exists today is because it was propped up by truly gigantic loans in the form of stock shares and VC capital And those people are be
by mbesto 7y ago
> The reason it even still exists today is because it was propped up by truly gigantic loans in the form of stock shares and VC capital
And those people are being rewarded for it..so what?
> Except he clearly isn't even able to do that.
Except he does. They optimize for cash flow, not income, and they're absolutely crushing it in that department.
Let me kindly refer you to Amazon's cash flow statement:
https://www.marketwatch.com/investing/stock/amzn/financials/cash-flow https://www.marketwatch.com/investing/stock/amzn/financials/...
For more fun reading:
https://25iq.com/2014/04/26/a-dozen-things-i-have-learned-from-jeff-bezos/ https://25iq.com/2014/04/26/a-dozen-things-i-have-learned-fr...
> Fourth, all of Bezos’s “wealth” is built
Bezos wealth is built by shareholders who invested in Amazon. What you're referring to is a moral and regulatory criticism, which frankly shouldn't be a criticism of Bezos himself but rather the people who govern his company and wealth.
- cityzen 7y agoFair points but the fact is that Bezos is rich because of the people that are unfortunate enough to work for Amazon.
- benedictevans 7y agoAmazon hasn’t raised money from investors since the IPO in 1997. It’s had positive free cash flow since 2003.