Thursday, March 4, 2021
Examples of How and Why Jeff Bezos Is Now Worth About 200 Billion?
Check these out as just two examples.
Dan Price @DanPriceSeattle
Dec 22, 2020
1. A small business began selling camera tripods on Amazon
2. It reached $3.5 million in sales, 0.001% of Amazon's revenue
3. Amazon copied the tripods exactly and sold them as AmazonBasics tripods
4. Amazon banned the tripod company from Amazon
And number two--
Dan Price @DanPriceSeattle
·
Dec 22, 2020
1. A small business began selling camera tripods on Amazon
2. It reached $3.5 million in sales, 0.001% of Amazon's revenue
3. Amazon copied the tripods exactly and sold them as AmazonBasics tripods
4. Amazon banned the tripod company from Amazon
These two examples came from articles in the Wall Street Journal and then CNBC, too, to be clear.
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