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I just meant that the comparison to bricks and mortars companies who have to pay for their inventory up front, then collect cash 15, 30, 45 days down the road i
by ojbyrne 13y ago
I just meant that the comparison to bricks and mortars companies who have to pay for their inventory up front, then collect cash 15, 30, 45 days down the road is outdated. Amazon isn't competing against mall bookstores anymore, it's competing against other online companies - eBay, Apple, B&N (online), etc.
- czr80 13y agoLarge brick and mortar retailers also usually have negative working capital, it's nothing to do with being an online company, rather it's about bargaining power vs suppliers.