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by pgodzin 4241 days ago
> they can invest back into new products in the same way Google do but at a larger scale since they don't have the pressure of returning profits to shareholders

Can you elaborate on this? Google tries plenty of "moonshots" that may never return profits to shareholders

1 comments

I meant that Amazon are doing the same as Google. They have similar revenue, Google has twice the margin but is banking $10B+ p.a while Amazon spend all and beyond. They are both maneuvering to capture these new markets using their existing advantages.

For some reason Google investing in projects makes a sense for a lot of people, while for Amazon it doesn't even though it has produced business lines outside of their main that have more revenue and margin than anything Google have done.