How Amazon Narrowly Survived the Tech Industry Dot-Com Crash

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Diablo

How Amazon Narrowly Survived the Tech Industry Dot-Com Crash

· despite his grand vision of amazon as a massive online retailer, bezos and his team made a bold pivot. Everyone told jeff bezos to quit, but his customer obsession strategy turned a near-death. The company continued to. They narrowed their focus to amazon ’s core: Are you ahead, or. Selling books, music, and videos. But amazon was aggressively reinvesting its revenue. Other companies like amazon and ebay survived the dot -com crash and are now thriving. A look at how amazon ( amzn ) lost 96% of its value during the dot -com crash —and what it teaches us about market cycles and recovery. Today, amazon isn’t just an e-commerce giant—it’s a cloud computing leader (aws), a media powerhouse (prime video), and a dominant force in ai, retail, and logistics. · as the company recovered from the brutal dot -com crash , it rarely returned money to investors or made a profit. “ amazon survived the dot -com bust because it had a viable and innovative business model built around a market-changing customer value proposition and a radical profit formula,” wrote mark. · in this video, we break down the untold story of how amazon survived the dot -com bubble burst. · the dot -com bubble was one of the worst periods in modern tech history. · but those who believed in amazon and held their shares through the crash saw their investment grow thousands of percent.

Amazon | TechCrunch

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