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"(Bezos) picked publishing because it was obviously the most dysfunctional. " , from what I remember from a biography he picked books because they could be boug
by lazyant 12y ago
"(Bezos) picked publishing because it was obviously the most dysfunctional. " , from what I remember from a biography he picked books because they could be bought by users without checking them out first, they are easy to store and mail and you didn't have to pay for them until you sold them.
From Wikipedia: "After reading a report about the future of the Internet which projected annual Web commerce growth at 2,300%, Bezos created a list of 20 products which could be marketed online. He narrowed the list to what he felt were the five most promising products which included: compact discs, computer hardware, computer software, videos, and books. Bezos finally decided that his new business would sell books online, due to the large world-wide demand for literature, the low price points for books, along with the huge number of titles available in print"