Amazon Needs a Lot More Money Than Walmart

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

With clothes, there are big differences between the Walmart supply chain and the Barnes and Noble supply chain. And so Amazon needed to fail completely, invent something new, tailored to their use case,. Then suddenly be the industry leader for the way you do that thing on the internet. So they need some more money to capitalize all this. Jeff goes out to raise that first seed round with Tom Alberg.

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!!

**Big News** We've got merch! Check it out at https://www.acquired.fm/store !

If you want more Acquired, you can follow our newly public LP Show feed here in the podcast player of your choice (including Spotify!).

Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe

Links:

Carve Outs:

‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.