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A comment on Crypto Market Crash Leaving Bankrupt Startups in Its Wake. Parent comment

Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by decentralised on Sunday December 09, 2018 @11:20AM (#18641563)
>You are playing games with words. Amazon was making money in the sense that everything they sold had healthy margins.

You got to be kidding me. Even today Amazon sells by undercutting profit margins from competitors!

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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by MereInterest on Sunday December 09, 2018 @11:45AM (#18641747)
That is absolutely irrelevant in every respect. Company A has costs of $10 and sells at $15. Company B has costs of $8 and sells at $11. Company B has undercut Company A. Company B still has a healthy margin on what it sells.
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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by decentralised on Sunday December 09, 2018 @12:03PM (#18641855)
The op claimed that Amazon operates with healthy profit margins which isn't really the case... "your margin is my opportunity"
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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by ajiang on Sunday December 09, 2018 @12:27PM (#18642022)
Amazon has pretty incredible margins as a business. They invest the profit margin into new ventures and growth.
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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by richardknop on Sunday December 09, 2018 @11:10PM (#18645128)
Amazon has very good margins, what are you talking about? They bring in tons of cash every quarter.
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