> when Amazon was first established, one of the largest loopholes that they had used..
replyI thought for sure you were going to mention USPS “media” rates which allowed Amazon to ship books very cheaply.
>There was also a company I think who spent hundreds of millions of dollars (IIRC) in creating a large grocery website with buying large warehouses then and basically losing a ton of money. That business also failed quite drastically.
replyProbably thinking of HomeGrocer or WebVan (which bought out the former and then went bankrupt too)
I think it was WebVan and you are right (but I am not entirely sure) but thanks for writing the comment, appreciate it :-D
reply> (which bought out the former and then went bankrupt too)
ironic, does make you think if the clock has reached full circle in terms of bubbles but there are just so many similarities within the dot com bubble and AI bubble(TM) which are just so hard to ignore.
I would have said cloud and AI but dot com probably works too.
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