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Amazon of course not only raise venture capital but also raised an enormous amount of money after that. They didn't get to where they are today by constraining
by pmarca 14y ago
Amazon of course not only raise venture capital but also raised an enormous amount of money after that. They didn't get to where they are today by constraining their access to capital to their float.
- philwelch 14y agoThey also reinvested their revenues very aggressively. It was years after IPO before they became profitable, and even now they're remarkably low-margin.