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by brk 3885 days ago
Many of the same things were said about Amazon back in the 90's. I was sure they were going to go down in flames when they moved from selling just books to selling everything...

Though to be honest, I don't think Jet is the next Amazon.

1 comments

No, I remember Amazon well in its early days and it was nothing like Jet. Kozmo is a better comparison
Amazon was a pretty successful bookstore, and then they acquired CDNow and became a pretty successful music shop as well. They weren't selling things for crazy low prices, they were just convenient and had a huge catalog.

By the time they moved to selling everything, it seemed like a stable business.

> Amazon was a pretty successful bookstore, and then they acquired CDNow and became a pretty successful music shop as well. They weren't selling things for crazy low prices

Yes, they were. They built their customer base from day one on extremely deep discounts; that was always their big selling point.