Amazing Amazon

I suspect the over has been very high, and they can’t find enough new people. At the 2 year point; I had more seniority than about 60% of Seattle employees. It’s probably quicker to get people who met the bar before. I’m sure ramp up time would be faster.

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The problem with tech is once you’ve the right experience, your $$$ and opportunities shot up, AMZN has to pay for that.

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I think AMZN is not fighting the talent issues, but the market issues.

It has had a good run for twenty + years. Now it is facing some serious competition with other retailers and other channels (of goods moving from producers to consumers).

AMZN has 5% of retail business and about 50% of e-retail.
Can it increase this share further more? If yes, what has it been doing all these years?

Another thing to check if someone has means, how much does it cost to do additional $ of sales ( remember the rule from cost accounting, MR> MC) ?

More: What other streams of revenues and how much they bring (like aws and content).

Bezos has ants crawling over him after he messes with flies.

I guess I’ll trim Tesla when it hits trillion dollar club. :joy:

Finally, I found something to compare the e-retailers:

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Seems like e-commerce growth is faster at companies like Walmart, Costco and Wayfair, though from a smaller base.

AMZN retail front has stalled. Big boxes and small retailers through Shopify are putting up a good fight.

AWS is being challenged by MSFT and GOOGL.

Jeff is distracted by rockets in the day and at night.

I know the pain.

He’s been selling $1B/yr to fund blue origin. They just built a massive new facility in Kent, WA. They are hiring hundreds, so his rocket hobby is getting more expensive.

The other one is latent.

For all the chatter that Amazon is eating away at every industry on the planet, Andy Jassy, the head of the company’s cloud division, says much of that concern is overblown.

In other words, that was the intent, AMZN failed.

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The company or Jeff Bezos?

“I built a substantial part of the early system that allowed them to come into existence, so I feel responsibility because of that,” said Kaphan, who left Amazon in 1999. “On one hand, I’m proud what it became, but it also scares me.”

The guy has been out of Amazon for over 20 years, and missed most of its rise. Why do people listen to losers like him?

:rofl:

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