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Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

joecct said:
Per Darren Rovell:
August 29, 1997: Netflix launches DVD service.

2000: Reed Hastings (Netflix CEO) approaches John Antico (former Blockbuster CEO), offers to sell for $50M Antico declines.

August 29, 2019: Netflix has 155 million subscribers and is worth $131 billion. There is 1 Blockbuster.
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Already a B school case study classic.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

FadeToBlack&Gold said:
Already a B school case study classic.
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My favorite business case study is the entire North American video game market imploding in 1983.

All kinds of crazy shiat going on there. Everyone and their brother tried to hop on the gravy train and the result was a tsunami of questionable product until consumers threw their hands up and the market collapsed under its own weight. Quaker Oats had a farking video game division. It was mayhem.

Something like a 97% market devaluation in 1 year.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Twitch Boy said:
My favorite business case study is the entire North American video game market imploding in 1983.

All kinds of crazy shiat going on there. Everyone and their brother tried to hop on the gravy train and the result was a tsunami of questionable product until consumers threw their hands up and the market collapsed under its own weight. Quaker Oats had a farking video game division. It was mayhem.

Something like a 97% market devaluation in 1 year.
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Basically, the original Dot Com Boom.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

rufus said:
More appropriately, why isn't every Democrat on tv screaming about how with all those tax cuts, and business being no longer strangled by "burdensome" regulations that promote worker safety and environmental protections, the economy isn't steaming along at Trump's promised 5% growth rate?


I mean, 5% growth was supposed to be easy.
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I think the simplest answer is because the dems with the most power (Pelosi and Schumer) are typical dems who suck at messaging and pretty much always adopt the right wing's framing of most issues (whereas AOC is far better at pointing out the flaws in their logic and breaking down how silly those talking points are). The longer answer would be that they have to thread a needle because ultimately I think their donors want to just maintain the status quo and the trajectory of the Obama economy which they perceive as good enough (which is where it's at now essentially) while also decrying the tax cuts that didn't help the average person in any way.
 
Twitch Boy said:
My favorite business case study is the entire North American video game market imploding in 1983.

All kinds of crazy shiat going on there. Everyone and their brother tried to hop on the gravy train and the result was a tsunami of questionable product until consumers threw their hands up and the market collapsed under its own weight. Quaker Oats had a farking video game division. It was mayhem.

Something like a 97% market devaluation in 1 year.
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NERDS!!!!!

:p
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

TV already did that. It was called "Married with Children" with me as Al Bundy and Kep as Peg (who we should note for mookie's sake had red hair)... :D
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Donald is just jealous that no bank outside of Moscow will give him the time of day anymore.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Rover said:
Peg (who we should note for mookie's sake had red hair)... :D
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mookie like yellows, I like reds. Peg does not count, obviously, since it was a dye job.
 
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