Who wants to be acquired by Kroger? Youād go from Pre-IPO stock in a hot startup to stock in a grocery store chain. It seems like thatād lead to a massive talent drain.
$500M is almost rounding error for Amazon. Iām shocked their sales are only $100M. 4 distribution centers isnāt much. Itāll cost them a ton to build out a network and minimize shipping costs.
They will go to Costco when they get older. I never though i would be the Costco type when i was younger. Now I have an executive membership and do pretty much weekly runs. Having kids changes things
also when not doing weekly runs, I am probably getting Costco delivered via Google Express
I love Costco. Great quality and great service. Plus you can order anything on line. Have it delivered or store pickup. My wife orders on line. Half the stuff has to be returned. Love to be able to return to an actual store, unlike Amazon
One thing that is nice is the cashback program with Costcoās credit card. I charge everything on it now, instead of my Chase card and I guess I am getting back a few hundred bucks next statement for only about a half yearās of charges. Sweet!!!
Did not know Instacart is the 3rd most funded startup ever to emerge from Y Combinator, behind Dropbox and AirBnB. Founder used to work for Amazon up in Seattle and got itchy to start something of his own. So naturally he moved down to Bay Area to strike gold.
That makes no sense. Thereāa literally zero reason for AWS and retail to violate anti-trust laws. If anything is anti-trust, itād be splitting up retail into smaller parts.