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> I expect GOOG to be the epicenter of tech worker pain for this leg of the cycle. Given what you just said about how people cut costs during a down cycle, why
by notacoward 4y ago
> I expect GOOG to be the epicenter of tech worker pain for this leg of the cycle.
Given what you just said about how people cut costs during a down cycle, why GOOG and not AMZN? Seems like discretionary spending (and a lot of Amazon's sales are impulse-buy junk rather than essentials) is also likely to take a huge hit.
- onlyrealcuzzo 4y agoAmazon makes most of their money from AWS. The webstore is the majority of the business - but in some ways it's irrelevant.
- nly 4y agoAnd AWS is expensive. Hard up businesses could cut serve costs