Hacker News new | ask | show | jobs
by dragonwriter 2642 days ago
It's also the the exact model that's failed for countless companies you've never heard of, because they failed.

Amazon was (at least for a long time, maybe this has been forgotten) been noted for being unusually, perhaps uniquely, successfully at both the customer side and investor side when it came to executing on this.
1 comments
Johnny555 2642 days ago
Though I wonder how successful they'd have been if they didn't discover a goldmine (AWS) that helps fund the retail side.

It'd be a lot harder to compete against entrenched retailers like Walmart if they didn't have the money from the AWS side (not to mention essentially unlimited compute power to handle shopping traffic spikes).

link