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That's the easy part. Though I doubt investors will ever again allow 90s era Microsoft level of profit sharing Amazon's secret sauce was cheap capital. Both ta
by specialist 4y ago
That's the easy part. Though I doubt investors will ever again allow 90s era Microsoft level of profit sharing
Amazon's secret sauce was cheap capital. Both tax holiday/avoidance and persuading Wall St to forego profits. A combo that's unlikely to be repeated any time soon.
- philwelch 4y agoThere were hundreds of other e-commerce companies that were started around the same time, all of which had those exact same benefits. Most of them died in the dotcom crash.