News for hackers. Stuff that matters.
Re:Why Amazon is eating the world by Touche on Monday May 15, 2017 @10:15AM (#14341711)
It's interesting to me how two of the biggest innovators today, Bezos and Musk, have done so while defying conventional wisdom.

Conventional wisdom is to focus on your company's core product, don't overreach. Amazon is succeeding by focusing on everything.

Conventional wisdom is that growth in technology is in cloud technologies. Musk is succeeding by focusing on meatspace infrastructure.

Re:Why Amazon is eating the world by Broken_Hippo on Monday May 15, 2017 @12:30PM (#14342872)
Amazon has focused on being an online retailer, be it weird art stuff or movies or storage. They divested what they focused on - which again, is pretty common. Look at P&G, for example. Or Nestle.
Re:Why Amazon is eating the world by swalsh on Monday May 15, 2017 @02:32PM (#14343895)
Theil says, the secret is to ask yourself "What do you know to be true, that everyone else assumes to be false" and to do that thing.
Re:Why Amazon is eating the world by SpoilerAlert on Monday May 15, 2017 @10:50AM (#14341978)
Amazon started with books, if I remember correctly.

Then they expanded which many businesses do.

Musk is a bit different.

Re:Why Amazon is eating the world by Touche on Monday May 15, 2017 @11:13AM (#14342181)
Businesses expand, but not in the way the article describes. Most businesses pick segments to expand into, whereas Amazon expands into everything that they touch.
Re:Why Amazon is eating the world by BraveNewCurency on Monday May 15, 2017 @11:22AM (#14342258)
Not sure why this was downvoted. I think it was an interesting observation.