4min snip

Acquired cover image

Amazon.com

Acquired

NOTE

Amazon and EBay think in different time frames

The best business to be in long term, period, is delighting your customers more than they ever imagined. Jeff Bezos believes that our customers are very loyal up until the moment that there is a better way for them to solve their prob s than buying from us. And i think his realization is, ok, if eba's grown really fast and there's a way to get something rarer or cheaper or we kind of have to be in on it too. So this is amazon's first, expensive experiment with auctioneer auctions. Yes. I mean, this is again, amazon having to run into a wall, back up, tried again. It's not exact, but it

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