Author Topic: 'Amazon will fail. Amazon will go bankrupt': Jeff Bezos  (Read 473 times)

littleman

  • Administrator
  • Hero Member
  • *****
  • Posts: 4494
    • View Profile
'Amazon will fail. Amazon will go bankrupt': Jeff Bezos
« on: November 16, 2018, 08:45:33 PM »
Quote
"Amazon is not too big to fail... In fact, I predict one day Amazon will fail. Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years," Bezos reportedly said when addressing a question about Sears recently going bankrupt.

https://www.businessinsider.com/jeff-bezos-says-amazon-will-fail-one-day-2018-11

30 years is forever on the web.  I see room now in this space for a company to come in and make headway.  If a company could deliver traffic and keep the commissions low it could be a real competitor.  I honestly don't think the massive warehouse infrastructure of FBA is what is fueling the success with third party merchants.   If FBA shut down there would be tens of thousands of merchants looking to sell elsewhere.  I say this as a fan of FBA.

Rupert

  • Inner Core
  • Hero Member
  • *
  • Posts: 2409
  • George in a previous life.
    • View Profile
    • SuitsMen
Re: 'Amazon will fail. Amazon will go bankrupt': Jeff Bezos
« Reply #1 on: November 17, 2018, 08:08:23 AM »
<cynic>Just allows him to justify keeping the screws on employees </cynic>
... Make sure you live before you die.