Not really. Amazon is spending more cash on english language TV and movies than Netflix. It's also acquiring it's way into... health care?
All of the things that make money at Amazon are related to the core e-commerce biz (ads, subscriptions, marketplace) or some core competency developed to support e-commerce (AWS). They have no competitive advantage in providing medical care, making movies, or household gadgets.
Big tech is struggling with the idea that their business is maturing and will be less exciting from here. It's a tough pill for hot shot founders/managers to swallow.
Not really. Amazon is spending more cash on english language TV and movies than Netflix. It's also acquiring it's way into... health care?
All of the things that make money at Amazon are related to the core e-commerce biz (ads, subscriptions, marketplace) or some core competency developed to support e-commerce (AWS). They have no competitive advantage in providing medical care, making movies, or household gadgets.
Big tech is struggling with the idea that their business is maturing and will be less exciting from here. It's a tough pill for hot shot founders/managers to swallow.