TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Look, More Zero-Margin Lines Of Business

2 pointsby zengralmost 11 years ago

1 comment

brownbatalmost 11 years ago
If you have a giant pile of cash and a bunch of smart people, it may be a good strategy to try to get into as many high volume businesses as you can, shooting for the 1% chance you make a breakthrough on cost reductions in any one of those. You&#x27;d suddenly own that industry and mint a fortune in a short period of time. Maybe this is a field bet.<p>Or maybe Bezos is slightly delusional. I&#x27;m not ruling out either possibility.