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Old 04-02-2019, 07:07 PM
 
Location: Tennessee/Michigan
28,960 posts, read 49,625,820 times
Reputation: 20986

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Jeff Bezos just shocked Amazon investors to the core with this dire statement:

“I predict one day, Amazon will fail.”

In a recent interview, Bezos explained that he believes “Amazon will be disrupted one day” and eventually “will go bankrupt.”

https://www.usatoday.com/story/spons...ded+Content%5D
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Old 04-05-2019, 09:31 PM
 
1,505 posts, read 742,923 times
Reputation: 1234
That's not saying much. Every company will fail. Companies are temporary by design.
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Old 04-06-2019, 02:11 PM
 
Location: Silicon Valley
5,304 posts, read 2,347,346 times
Reputation: 8549
Statement followed by the response..."that may be Jeff, but you still have to pay half in alimony"
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Old 04-06-2019, 02:21 PM
 
Location: NC
7,604 posts, read 9,591,240 times
Reputation: 16024
That no worse than saying one day humans will be extinct. Or the sun will burn out. Or Sears will be gone.
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Old 04-06-2019, 04:00 PM
 
7,071 posts, read 4,243,288 times
Reputation: 6727
Quote:
Originally Posted by artillery77 View Post
statement followed by the response..."that may be jeff, but you still have to pay half in alimony"

**25%
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Old 04-07-2019, 09:02 AM
 
14 posts, read 4,820 times
Reputation: 65
Guess that's Jeff "burning platform" pitch to the investors - hold off the profits/dividends, plough 'em back to business growth/R&D and stay disruptive
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Old 04-11-2019, 07:32 AM
 
Location: Pennsylvania
17,668 posts, read 6,028,870 times
Reputation: 14277
Quote:
Originally Posted by Mr.Hospitality View Post
That's not saying much. Every company will fail. Companies are temporary by design.
Nope, not every company will fail. Some companies will be bought out by other, stronger companies.


Most retailers will eventually run into trouble, however.
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Old 04-11-2019, 08:54 AM
 
Location: Somewhere in USA
617 posts, read 553,105 times
Reputation: 547
nothing lasts forever...except time.
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Old 04-11-2019, 12:09 PM
 
6,408 posts, read 3,758,609 times
Reputation: 11779
The Dow from 1920.... Guess how many are still on it:

Quote:

March 1, 1920
American Can Company The Baldwin Locomotive Works The Texas Company
American Car and Foundry Company Central Leather Company United States Rubber Company
American Locomotive Company Corn Products Refining Company ↑ United States Steel Corporation
American Smelting & Refining Company General Electric Company Utah Copper Company
The American Sugar Refining Company B.F. Goodrich Corporation Western Union Company
American Telephone and Telegraph Company Republic Iron and Steel Company Westinghouse Electric Corporation
Anaconda Copper Mining Company Studebaker Corporation
Dropped from Average
The American Beet Sugar ↓

It doesn't mean they all "failed" but do not cease to exist or at the same level of significance they once were.
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Old 04-11-2019, 12:11 PM
 
Location: Florida
23,652 posts, read 10,827,584 times
Reputation: 19730
I did not know Jeff Bezos was psychic. Cool.
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