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Right, back when they were just a bookstore. All I really know about Amazon is that they focused on long-term profitability over increased short-term profits to expand and capture more of the market, and it worked. The problem is that not everyone can do that. They spent every year since 1994 operating at a loss, when anyone else would have been snapped up by another company in the space, and it’s not clear how that didn’t happen. The landscape of e-commerce would have been very different if it had.
Now, if only we can get them to see that he’s got people in his orbit at billionaire techbros who think they’re all going to be John Galt, and that the “capitalist utopia” he builds in Ayn Rand’s “Atlas Shrugged” is what they’re trying to build and it won’t be good for them. They think they’re all going to live in their own Galt’s Gulch when it’s going to be more like Andrew Ryan’s Rapture.