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Amazon is only unstoppable if we let them be. The world would be a much more interesting place for founders and employees if amazon were limited to being 1/100t

by kbos87 7y ago

Amazon is only unstoppable if we let them be. The world would be a much more interesting place for founders and employees if amazon were limited to being 1/100th its size.

jjeaff 7y ago
I don't disagree. But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. Sure, they may be going in the right direction, but the amount of product they are moving and their bargaining power as a buyer pales in comparison to wmt. Especially considering that a large chunk of their revenue is from non retail services and fees from 3rd party sellers, the products of which they may never touch.
- coldtea 7y ago
  >But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. It's the momentum not the revenue. It's also the domains it affects.
  - Merrill 7y ago
    2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Amazon's impact on retail may be felt more because it sells a vast variety of products, which makes a lot of the small boutique stores in malls no longer viable. That space has to be converted to services or close. https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2018/ https://stores.org/stores-top-retailers-2018/
    - coldtea 7y ago
      >2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Momentum is more about relative growth than absolute numbers (13 vs 18). And longer term than just 2017-2018. E.g. like this: https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs-Walmart-Revenue-Growth-1999-2018.png https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs... https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=/0x0:5001x2764/1200x0/filters:focal(0x0:5001x2764):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8506691/Amazon_versus_walmart_market_value_01.png https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=... https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs-Walmart-Net-Income.png https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs... https://newharborllc.com/wp-content/uploads/2017/12/20171205-Amazon-Growth.png https://newharborllc.com/wp-content/uploads/2017/12/20171205...
paulpauper 7y ago
why should we want to? The are providing a service million of people use and it employ thousands of people. Why is there such an impetus by certain people to attack successful companies and people. It's like "hey this company is doing too well! let's go after it!"
- Nasrudith 7y ago
  In the leadership shakedowns for campaign contributions. It essentially winds up a domestic counterpart to foreign aid's function and why it is given to kleptocrats. Essentially a leash of "if you act against us say goodbye to future funding" and is cheaper than the "full scale destruction" of military intervention/heavily campaigning or contributing to oust them.
gremlinsinc 7y ago
We need a federated replacement... What about some sort of open-company (the kind ethereum promised us w/ dapps), where the company is basically owned by employees and customers. The more hours you put in as an employee / volunteer the more you get back. But even dedicated customers would get stock for purchases, reviews, etc... It would encourage an ecosystem by giving the majority of $$ back to empoloyees and customers but would organically build out some of the nice-to-haves that Amazon has like a shipping network, and warehousing of goods, and one-place-shopping/comparisons.

by kbos87 7y ago

Amazon is only unstoppable if we let them be. The world would be a much more interesting place for founders and employees if amazon were limited to being 1/100th its size.

jjeaff 7y ago

I don't disagree. But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. Sure, they may be going in the right direction, but the amount of product they are moving and their bargaining power as a buyer pales in comparison to wmt. Especially considering that a large chunk of their revenue is from non retail services and fees from 3rd party sellers, the products of which they may never touch.

coldtea 7y ago
>But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. It's the momentum not the revenue. It's also the domains it affects.
- Merrill 7y ago
  2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Amazon's impact on retail may be felt more because it sells a vast variety of products, which makes a lot of the small boutique stores in malls no longer viable. That space has to be converted to services or close. https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2018/ https://stores.org/stores-top-retailers-2018/
  - coldtea 7y ago
    >2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Momentum is more about relative growth than absolute numbers (13 vs 18). And longer term than just 2017-2018. E.g. like this: https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs-Walmart-Revenue-Growth-1999-2018.png https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs... https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=/0x0:5001x2764/1200x0/filters:focal(0x0:5001x2764):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8506691/Amazon_versus_walmart_market_value_01.png https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=... https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs-Walmart-Net-Income.png https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs... https://newharborllc.com/wp-content/uploads/2017/12/20171205-Amazon-Growth.png https://newharborllc.com/wp-content/uploads/2017/12/20171205...

paulpauper 7y ago

why should we want to? The are providing a service million of people use and it employ thousands of people. Why is there such an impetus by certain people to attack successful companies and people. It's like "hey this company is doing too well! let's go after it!"

Nasrudith 7y ago
In the leadership shakedowns for campaign contributions. It essentially winds up a domestic counterpart to foreign aid's function and why it is given to kleptocrats. Essentially a leash of "if you act against us say goodbye to future funding" and is cheaper than the "full scale destruction" of military intervention/heavily campaigning or contributing to oust them.

gremlinsinc 7y ago

We need a federated replacement... What about some sort of open-company (the kind ethereum promised us w/ dapps), where the company is basically owned by employees and customers. The more hours you put in as an employee / volunteer the more you get back. But even dedicated customers would get stock for purchases, reviews, etc... It would encourage an ecosystem by giving the majority of $$ back to empoloyees and customers but would organically build out some of the nice-to-haves that Amazon has like a shipping network, and warehousing of goods, and one-place-shopping/comparisons.