By 2001, it's becoming clear that they got to pull back. And so in 2001, they lay off 1300 people. They start looking around like, okay, what do we have? What can we do? We've got a pretty good e-commerce website. A lot of people want to have e-commerce websites. What if we start going to other companies who want to have good e- commerce websites and we offer to sell them our infrastructure? Almost like being Shopify. This is like Shopify, not AWS. Not quite the same. No, not at all.
Amazon. No company has impacted the internet — and all of modern life — more than this one. We’ve waited seven years to do this episode, and are so, so excited to finally dive into every nook and cranny of this legendary company. And of course because we’re Acquired and this is Amazon, we couldn’t contain it all to just one episode… even a 4+ hour one! So today we focus on Amazon.com the retail business, and we’ll have another full episode on AWS coming soon. And because all great series are trilogies, to fully understand Amazon we highly recommend starting first with our previous episode on Walmart, which truly is the giant’s shoulder that Jeff Bezos stood upon. Let’s go!!
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