BAD ANALOGIES

Summary from the TLDR newsletter

Amazon's success has done a great deal of harm to a lot of companies. Jeff Bezos is a generational entrepreneur who came from a hedge fund. He made a very calculated decision to lose money in the short term to make more in the long term. He took every detail into consideration to make his plan work. Amazon is a bad example of why it is okay to burn loads of cash during growth. The strategy doesn't always work out, especially if it is not executed correctly.