Amazon is selling this like complete convenience and taking care of all the logistics of your life which is compelling but they're doing it from a state of relatives again relatively speaking financial weakness where they're building up and making these investments. If anything goes wrong it could be more catastrophic than if they had a more sort of flexible business model if that makes sense to you. Amazon says to ignore the reason why it's kind of a fake number and the reasons the fake number is say so say say I was actually really technical about my books which I need to get better at it.
In this week’s episode Ben and James discuss BuzzFeed in the context of the Brother Orange story, then talk about Amazon’s Dash Button and Home Services initiative, along with a dive into the technical details of Amazon’s balance sheet (sorry, it’s a bit dry) and why Ben is nervous.
Links
- Matt Stopera: I Followed My Stolen iPhone Across The World, Became A Celebrity In China, And Found A Friend For Life – BuzzFeed
- Ben Thompson: Why BuzzFeed is the Most Important News Organization in the World – Stratechery
- Matt Stopera: Who Is This Man And Why Are His Photos Showing Up On My Phone? – BuzzFeed
- Peter Osborne: Why I have resigned from the Telegraph – OpenDemocracy
- Introducing Amazon Dash Button – Amazon
- Introducing Amazon Dash Replenishment Service – Amazon
- Amazon Home Services – Amazon
- Ben Thompson: Losing my Amazon Religion – Amazon
- Timothy Green: Amazon.com Inc. Is Losing More Money Than You Think – Motley Fool
- Marc Bain: Consumer culture has found its perfect match in our mobile-first, fast-fashion lifestyles – Quartz
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