sabreW4K3@lazysoci.al to Technology@beehaw.org · 5 months agoAlexa had “no profit timeline,” cost Amazon $25 billion in 4 yearsarstechnica.comexternal-linkmessage-square49fedilinkarrow-up1117arrow-down10
arrow-up1117arrow-down1external-linkAlexa had “no profit timeline,” cost Amazon $25 billion in 4 yearsarstechnica.comsabreW4K3@lazysoci.al to Technology@beehaw.org · 5 months agomessage-square49fedilink
minus-squaret3rmit3@beehaw.orglinkfedilinkarrow-up4·edit-25 months agoConsumers didn’t themselves have, or pay Amazon, the $25b. Amazon had it.
minus-squarejarfil@beehaw.orglinkfedilinkarrow-up4·5 months agoIt wasn’t an investment round, Amazon got it from customers. Then, from among the options of: Let customers say “Alexa do this” Give each customer a $60/year discount coupon Spend it on charity Build a 300ft tall golden statue of Jeff Bezos …Amazon decided that people would give it even more money, if it did the Alexa thing.
Consumers didn’t themselves have, or pay Amazon, the $25b. Amazon had it.
It wasn’t an investment round, Amazon got it from customers. Then, from among the options of:
…Amazon decided that people would give it even more money, if it did the Alexa thing.