#7: Elon's X game and RIP seed investing
More or Less
00:00
How Hard It Is to Get Paid
The Amazon.com site makes it impossible to charge anything between like $10 and $30 for a book. The way it's set up is you can set it up so you get like 70% of the money up to $10. But then after that, you have to get 30% of themoney. So effectively they make it completely irrational to price anything between like £5 ($8) and £15 (£16) It's also very funny that everyone gives everyone a shit for 30% take rates and Amazon is taking 70% on that's wild sales. That's pretty wild. Also, reminder, you can't buy this thing on your phone. You got to go, you
Transcript
Play full episode
