“From 1994 to 2011 Amazon floundered”.
I don’t know what alternative reality you are living in, but I hope you’re having a good time there. From 1994 to 2011 Amazon built the worlds leading cloud platform (AWS), and a unparalleled logistics and distribution network. Two TOTALLY different businesses that came to dominate their particular businesses.
The reason Amazon didn’t show a profit was because they were pumping the profits back into the business. And it clearly worked.
IN TERMS OF PROFIT!!!
Can you not READ??? AMZN was a Wall St failure in terms of the bottom line. 17 YEARS WITHOUT PROFIT UNTIL BEZOS CIA BUDDIES BAILED HIM OUT.
No business in America gets that kind of favoritism. And if they ever did, they would do a lot better than Bezos.
AWS path to profitability was financed via CIA contracts. Profits from the proceeds were channeled into logistics of the retail platform. The retail platform never had the funds to build the logistics. It came from CIA proceeds.
How is it that a largely mismanaged unprofitable ecommerce retailer lands CIA contracts worth tens upon tens of billions?
Why was the CIA interested in what goes on INSIDE American homes?
How do you get the names, addresses, payment bank information, patterns of purchasing on Americans without breaking laws?
Do you think Alexa is a privacy protector?
The two enterprises are intertwined, joined at the hip.
Why is it that AWS deplatformed Parler? Do you know the real reason?
Before you cheerlead a globalist clown like Bezos for being a connected child of the CIA, consider that the CIA took over the FBI HQ pursuant to the Patriot Act’s JTTF and gave us monsters like Brennan and his pet Snowden, Comey and his Strzok, lying and pinwalling our President into endless harassment and persecution.
Americans do not need Amazon, they certainly do not need Bezos.