Is Amazon Really a Money Losing Business?

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The price in 98.99 was completely disconnected from the reality of the underlying fundamentals, he says. Amazon is profitable if they weren't continuing to reinvest in growth, which would give them this unbelievably durable moat around consumer experience,. Even Walmart, where Walmart stores are not in multi-hundred dollar a square foot prime funny choice of word, primo urban real estate, it's still a higher cost of real estate than where Amazon fulfillment centers are.

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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