This classic poem just came to my mind with name changes:
Bezos was in his counting house,
Counting out his money;
The VC was in the parlour,
Eating bread and honey.
The E-Com Investor was in the garden,
Hanging out the clothes,
When down came a blackbird
And pecked off his nose…
I was thinking of the 2 Billion of Amazon vs. 1 Billion of Flipkart discussion last week and was applying my mind to figure – what was the fight really about?
This led me to pull out Amazon’s financials of the past 10 years, which (not surprisingly) is a story in itself: (click on the chart to expand) Continue reading