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Ram Parameswaran of Octahedron Capital on China, No-Brainer Investments, and the Markets (EP.164)
Panic with Friends - Howard Lindzon
Amazon Is Losing the Convenience Battle
The world came to an abrupt stop, and amazon had to scale everything up. And their ads business has axselrated again two or three quarters in the row. Where they are losing out is on convenience, especially for a high frequency to day. On instaca, you can order from besby and get your set of airports within two hours. In amazon, it'll take you two days from now, and so on and so forth. They are losing the convenience battle. Tit's just a fact in the us.
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