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It really doesn't sound easy to me to tell this from the outside. What if the R&D investments are all garbage? It is hard to scale an engineering org effectivel
by jeremyjh 3y ago
It really doesn't sound easy to me to tell this from the outside. What if the R&D investments are all garbage? It is hard to scale an engineering org effectively, it can take off and start building some microservice fortress that never yields any business value if it has the wrong leadership.
- lotsofpulp 3y agoBecause they were publicly listed with public financials, you know they were not losing money: https://www.macrotrends.net/stocks/charts/AMZN/amazon/profit-margins https://www.macrotrends.net/stocks/charts/AMZN/amazon/profit... You also know from using Amazon that they were near flawlessly executing 2 day shipping across the US with prices competitive with Walmart and other successful retailers. They also had a pricing advantage against incumbents due to not having to collect sales tax in all states until 2016. It’s mostly the verifiably not losing money part though so you knew they weren’t overextending, and they were delivering what people wanted.
- MichaelZuo 3y agoThere are third party appraisals for the value of physical things, and even quite a bit of software stuff nowdays.