> Bezos is literally a one-in-million entrepreneur. That's besides the point. The critical aspect is that Amazon was tapping into a market that Wall Street ana

> Bezos is literally a one-in-million entrepreneur. That's besides the point. The critical aspect is that Amazon was tapping into a market that Wall Street analysis failed to even understand existed, even though it was there staring at them and poking them in the eye. It's hard to even conceive how, in the middle of the dot-com boom, market analysis systematically failed to even identify there was a market for cloud infrastructure. It's like during the gold rush failing to realize there's a market for pickaxes. It's very easy for internet randos to dismiss Amazon's strategy as one-in-a-million bets and something no one would ever conceive. Except this was exactly the opposite. Amazon was sitting on top of a huge compute infrastructure, which they had to build themselves from scratch, and which the company was financing as a purely operational expense. Any business analyst worth it's name would ask "how can we turn this into a revenue stream?" If they looked outside the figurative window, they would see lines of CTOs of dotcom startups imploring everyone for renting any semblance of compute infrastructure to get their startup off the ground. You do not need to be a genius to put two and two together.