1min chapter

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Zoom earnings, SaaS burnout, Amazon's $10B Alexa loss + FTX contagion with Sunny Madra | E1619

This Week in Startups

CHAPTER

Alexa and Amazon Prime Video Streaming

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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