Recent submissions

Comment · 11 years ago
I actually used Native because it was legitimately natural, not the "natural" claim that Unilever/P&G make but still pack it with chemicals that shouldn't be in my body.

Would also like other recommendations for other bathroom products that are truly natural

Comment · 11 years ago
Jet is losing in the game they thought they would win at. They were screaming discounts and pay less for everything, and now saying that they don't want to be perceived as a discount site. This is mostly due to pressure from brands/manufacturers, so Jet underestimated and miscalculated its strategy from the beginning. There goes the tech media's darling 'Amazon killer'
Comment · 11 years ago
great idea @ the hustle. now share the data with me so I feel like crap about how relatively poor I am :-D
Comment · 11 years ago
That is under the IPO price, and well under their once marketcap of $6B. Another classic example of a hot startup (one of the hottest in Seattle) hitting a brick wall once going public
Comment · 11 years ago
I also worked at Amazon, and believe a lot of what was on this NYT article was overly dramatic (not surprising). I never saw anyone cry, so the assertion that everyone cries is false (I just asked dozens of my former colleagues that are still there and they agreed). While it could be tough to work there because it was intense, so what? They get stuff done. They don't need to give free food and provide nap pods, you are too busy driving hundred million dollar businesses with your team of 1. While there were definitely areas that could have benefited from change, there are several anecdotes in this article that are out of context or extreme. Amazon never claimed to be full of frills and benefits, and they push you hard but its in exchange for more responsibility than most people will ever receive and the ability to be around extremely smart and hardworking co-workers.

On another note, how long before the Washington Post (which Bezos invested in) writes a 180 view of the NYT article???

Comment · 11 years ago
Jet's major value proposition was that it was supposed to be an attractive alternative option to Amazon for the Retailers and CPG companies. In the short run, that customer is probably more important than the end customer (similar to Airbnb initially with hosts vs. end users) because if they don't have the faith of the Retailers/CPGers, than this model fails very quickly
Comment · 11 years ago
Jet doesn't own the inventory, it's simply a marketplace model (similar to Amazon FBA, or most of Alibaba's business in Asia)
Comment · 11 years ago
This sounds like an upcoming Netflix series
Comment · 11 years ago
Samsung had similar claims about v-nand/3D-nand, which they released on their 850 Pro series
Comment · 11 years ago
profit is irrelevant. their capex is $1B-$2B per quarter. they could lower their capex at any point and show a few hundred million dollars net earnings. the point is that they are as big as they are and continue to invest in the future, and hence the insane p/e ratio and stock price
Comment · 11 years ago
yes the measure they are talking about is market cap, not sales. the market cap for Wlmt includes sam's club, walmart.com, etc.

In terms of total sales, Wlmt (including subsidiaries) is close to $500B, while Amazon is approaching $100B. However, Wlmt.com (domestic) is only ~2% of total sales times $288B total domestic sales so only ~$5B sales

Comment · 11 years ago
This was a long time coming. 20% growth on a business that is approaching $100B revenue (and probably 2-3x that in terms of GMV, a better measure of its size and dominance), and AWS continues to grow as does the digital side of the business. The crazy thing is that they still have low market share in several of the retail categories that its in (apparel, grocery, several product lines even in home, health & beauty, electronics, etc.)

Their achilles heal though continues to be browsability and searching. It is obviously a great place to go if you know exactly what you want, but continues to be a poor experience if you are browsing for an item or don't know what you want. There continues to be duplicate listings for the same items (some listed by 1st party and some by 3rd party), and it is very tough to browse items. Once they actually figure this out and implement, that's when this will really become game over (at least domestically)

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