Jeff Bezos and Amazon

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Amazon got hammered arguably harder than any other surviving internet stock when the bubble burst and in the crash. The hard work was done from 2000 to 2007 where they built out everything they gave them like the hugely wide moats that we've talked about on this whole episode. And Bezos didn't just steal from other retailers. He comes from a finance background, whereas a lot of the classic retailers come from a merchandising background or an operations background.

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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