Remix.run Logo
bandrami 3 hours ago

If you put all of the money Amazon as a whole has taken since it was founded in 1994 in a stack on the left, and all of the money Amazon as a whole has spent since then in a stack on the right, the stack on the left is slightly larger, but this has only been true for a couple of years now.

It's the difference in 1990s billionaires and 2020s billionaires. Bill Gates was so rich because he owned a lot of Microsoft shares and received profits from those shares as dividends. Jeff Bezos is so rich because he owns a lot of Amazon shares and people keep being willing to pay more and more for those shares so his notional net worth increases (AMZN has never paid a dividend).

2 hours ago | parent | next [-]
[deleted]
umanwizard 3 hours ago | parent | prev [-]

Can you share numbers? What are Amazon’s margins?