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Zoom earnings, SaaS burnout, Amazon's $10B Alexa loss + FTX contagion with Sunny Madra | E1619
This Week in Startups
Alexa and Amazon Prime Video Streaming
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Business Insider is reporting that Amazon's worldwide digital unit, which includes hardware devices like Alexa and the Prime Video streaming service, is on pace to have an operating loss of $10 billion this year. The losses were actually two times greater than the losses from the brick and mortar store locations and grocery business. I agree with your point about it. It's like an ego trip. Like, I'm going to be the one who gets through a person. And also, I'm not even sure that really, it's a beauty in the beast thing. Like, you just want the clicks. But the amount of ego that is involved in thinking like- It's like some beauty in the Beast syndrome
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