News for hackers. Stuff that matters.
Re:Amazon as experiment by mbesto on Wednesday July 31, 2019 @01:12PM (#20576213)
> The reason it even still exists today is because it was propped up by truly gigantic loans in the form of stock shares and VC capital

And those people are being rewarded for it..so what?

> Except he clearly isn't even able to do that.

Except he does. They optimize for cash flow, not income, and they're absolutely crushing it in that department.

Let me kindly refer you to Amazon's cash flow statement:

https://www.marketwatch.com/investing/stock/amzn/financials/...

For more fun reading: https://25iq.com/2014/04/26/a-dozen-things-i-have-learned-fr...

> Fourth, all of Bezos’s “wealth” is built

Bezos wealth is built by shareholders who invested in Amazon. What you're referring to is a moral and regulatory criticism, which frankly shouldn't be a criticism of Bezos himself but rather the people who govern his company and wealth.

Re:Amazon as experiment by benedictevans on Wednesday July 31, 2019 @01:14PM (#20576236)
Amazon hasn’t raised money from investors since the IPO in 1997. It’s had positive free cash flow since 2003.
Re:Amazon as experiment by cityzen on Wednesday July 31, 2019 @05:05PM (#20578535)
Fair points but the fact is that Bezos is rich because of the people that are unfortunate enough to work for Amazon.