multibillion dollar business. the largest physical bookstores only carry about 175,000 titles. amazon.com has 2.5 million titles in its online catalog. there s no way to have a 2.5 million title physical bookstore. bezos understood it would take decades to create the infrastructure of shipping and warehouses. he had this vision of completely up-ending the retail business. a couple things we have to get to which is often said about your company. you are losing money. i can tell you that i think it s good that we re losing money right now. it s important to amazon.com some day in the future in the long term. we d like to know what day that is. you can t be the everything store unless you are absolutely gigantic. bezos philosophy was get big fast. earning money, making a profit, that will come later. for now, let s become the 800-pound gorilla. this year i think more and more people are going to do their shopping online. it s so much more convenient. you have unlimited sele
bookstores only carry about 175,000 titles. amazon.com has 2.5 million titles in its online catalog. there s no way to have a 2.5 million title physical bookstore. bezos understood it would take decades to create the infrastructure of shipping and warehouses. he had this vision of completely up-ending the retail business. a couple things we have to get to which is often said about your company. you are losing money. i can tell you that i think it s good that we re losing money right now. it s important to amazon.com some day in the future in the long term. we d like to know what day that is. you can t be the everything store unless you are absolutely gigantic. bezos philosophy was get big fast. earning money, making a profit, that will come later. for now, let s become the 800-pound gorilla. this year i think more and more people are going to do their shopping online. it s so much more convenient. you have unlimited selection.
take decades to create the infrastructure of shipping and warehouses. he had this vision of completely up-ending the retail business. a couple things we have to get to which is often said about your company. you are losing money. i can tell you that i think it s good that we re losing money right now. it s important to amazon.com some day in the future in the long term. we d like to know what day that is. you can t be the everything store unless you are absolutely gigantic. bezos philosophy was get big fast. earning money, making a profit, that will come later. for now, let s become the 800-pound gorilla. this year i think more and more people are going to do their shopping online. it s so much more convenient. you have unlimited selection. this makes the year that shopping comes of age on the internet. this was a time that allowed you to make choices as a consumer without gatekeepers choosing things for you. you could decide, i want that, and you d get it. if you don t li
there s no way to have a 2.5 million title physical bookstore. bezos understood it would take decades to create the infrastructure of shipping and warehouses. he had this vision of completely up-ending the retail business. a couple things we have to get to which is often said about your company. you are losing money. i can tell you that i think it s good that we re losing money right now. it s important to amazon.com some day in the future in the long term. we d like to know what day that is. you can t be the everything store unless you are absolutely gigantic. bezos philosophy was get big fast. earning money, making a profit, that will come later. for now, let s become the 800-pound gorilla. this year i think more and more people are going to do their shopping online. it s so much more convenient. you have unlimited selection. this makes the year that shopping comes of age on the internet. this was a time that allowed you to make choices as a consumer without gatekeeper
175,000 titles. amazon.com has 2.5 million titles in its online catalog. there s no way to have a 2.5 million title physical bookstore. bezos understood it would take decades to create the infrastructure of shipping and warehouses. he had this vision of completely up-ending the retail business. a couple things we have to get to which is often said about your company. you are losing money. i can tell you that i think it s good that we re losing money right now. it s important to amazon.com some day in the future in the long term. we d like to know what day that is. you can t be the everything store unless you are absolutely gigantic. bezos philosophy was get big fast. earning money, making a profit, that will come later. for now, let s become the 800-pound gorilla. this year i think more and more people are going to do their shopping online. it s so much more convenient. you have unlimited selection. this makes the year that shopping comes of age on the internet.