Hacker News new | ask | show | jobs
by xkjkls 2908 days ago
They tried a travel site once; they tried to sell insurance once; they tried to make a phone once; etc.

They fail a lot of the time, but sometimes even when they do, it's a kick in the ass to some of the other competitors in the field, which causes them to depress their margins. So sometimes, even if Amazon's presence in the market fizzles out, they end up still reducing other's prospects.