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Could actually be a major factor yes. Surely contributing. I'm still unsure Amazon was ever profitable without the new practices, being a private company makes
by hirako2000 7y ago
Could actually be a major factor yes. Surely contributing. I'm still unsure Amazon was ever profitable without the new practices, being a private company makes it even more difficult to figure that out.
- lonelappde 7y agoAmazon is a public company.
- acdha 7y agoAmazon has been profitable since the 90s, which is also when they went public (1997). This would be useful: https://en.wikipedia.org/wiki/History_of_Amazon https://en.wikipedia.org/wiki/History_of_Amazon The key thing to remember is that they expanded aggressively. People who didn’t do their homework - like most pundits and media stock analyst/entertainers - would dismiss them as another unprofitable .com without recognizing that they were becoming profitable in each new market a few years after entry and could halt expansion if they had a cash squeeze. The other point was being comfortable with low margins: that disappointed people who wanted a rapidly climbing stock price but that wasn’t the company they were trying to build and they’ve left quite a few once-hot companies in the rubble.