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Comment by altusbrown

Amazon currently employs 798,000 employees. It touches essentially every household, and based on revenue and customer counts is clearly a well used service with utility for a great many people. It is valued by investors at 1660 billion dollars (1.6T market cap), and in 2020 earned revenue of 386 billion dollars. Those employees seem to feel it's a positive deal for them, and the investors certainly seem happy to value it at that amount. Not everyone is happy, but that is true of most things in my experience. They still seem happier than a lot of people at Walmart or the like.

How much would be appropriate for the person who had the vision (back before Amazon existed) to build it, pulled the right folks together, hired and fired who it took to make it work, and structured them and the work they were doing to produce that over a decade - including all the reviews and direction through good times and bad? 1%? 5%? 25%? Even 1% is 16 billion dollars. Most people would argue it should be a lot more than 5% if you stripped out the dollar amounts and the names.

parent altusbrown 5 years ago

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