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Maybe or Maybe not, but it took Tesla more than 15 years. Amazon took 10.
by alphabettsy 4y ago
Maybe or Maybe not, but it took Tesla more than 15 years. Amazon took 10.
- scarface74 4y agoTwo differences: 1. Amazon had positive margins early on and was reinvesting money to build infrastructure and real assets. Most startups aren’t. All Bezos had to do to turn a profit at any time is stop building warehouses. 2. Amazon completely pivoted and almost all of its profit comes from AWS. And no Amazon did not use excess capacity to start AWS. It was built from the ground up as a separate service [1]. Every company likes to point to Amazon and say we can do it too. That’s just like a company claiming if they bring their former CEO back after 10 years they can become a three trillion dollar company. And standard disclaimer since you brought up Amazon, I work at AWS. [1] https://readwrite.com/popping-the-amazon-web-services-capacity-myth/ https://readwrite.com/popping-the-amazon-web-services-capaci...