The article tries to bring issues from both the sides. Interesting read.
But now we know that, despite the millions that have flowed to local governments in the Seattle area from Amazon, that money isn’t believed to be enough to pay for all the problems the company’s growth caused. Constantine is saying Seattle will need much more of it if we want a chance to solve our housing shortage and public transit crisis. And that’s not happening: Since a senior Amazon executive told a tech conference that the Seattle region had a snowball’s chance in hell of winning HQ2, we’re going to have to admit that it’s really time to wean ourselves off our Amazon addiction.
The complete article
Carolyn Adolph — CityLab
Are we going to witness a head-on clash of the two titans in the coming years? It is interesting to see Walmart buying online retailers and Amazon buying brick and mortar retail chain and in the process each becoming more similar to the other. But in my view Amazon has a big advantage over Walmart – Jeff Bezos.
But Wind thinks Walmart’s tactics are “a little confusing and a little late” as it tries to catch up with online merchants. However, he notes that with its scale and track record of success, the discounter will eventually become digitally savvy even if it takes longer than expected. Meanwhile, Amazon could bungle the integration of Whole Foods by making changes too quickly and not paying enough heed to cultural differences, Dahlhoff says. Adds Lodish: “I’m not sure how much experience Amazon has in running a big operation like Whole Foods that’s got a lot of logistics that are not in warehouses but are on shelves.”
At least, Amazon can afford the $13.7 billion price tag for Whole Foods — last year’s free cash flow alone was $9.7 billion. And Wall Street will likely give Amazon some room to run because it has a proven business model and an innovative and aggressive CEO. “The market has been giving Jeff Bezos a lot of room to do what he feels is in the long-term best interest [of the company] and they’re not punishing him if he has short-term uses for his capital that don’t go to the bottom line right away,” Lodish says.
Sharing this needull as anything Amazon does is going to have some impact in our lives. And this is the biggest acquisition by Amazon.
Of course, buying Whole Foods doesn’t help Amazon reach the rural areas where Walmart rules. “Amazon is stronger in bigger cities, and the map of Whole Foods locations shows it is closer to these cities,” says Goldberg. Still, you can see the Whole Foods deal being the first step in a larger plan. “If this strategy proves out for Amazon, you could well imagine it could be opening a bunch more stores or doing more acquisitions just to cover the US,” says Goldberg. “And you could imagine it might have similar plays that it’s evaluating in other markets.”
The complete story
Davey Alba — Wired
Now, that Amazon has become such a behemoth, it is intriguing to look at its roots. Today’s needull is an interesting conversation with Shel Kaphan, Amazon’s first employee. Reading the conversation I could think of only one thing – If we had just a little power to see the future, how different our key decisions would have been?
During that time we were just a bookstore, so it didn’t seem to me there was a lot of steering to be done. That said, I don’t know all the things that Jeff might have been doing that I wasn’t aware of at the time. If I think back, I can’t even clearly picture what it was that he was actually doing. He wasn’t working on any of the technical stuff. We never even had a written business plan that I know of.
The complete conversation
Craig Cannon – The Macro