this post was submitted on 12 Nov 2023
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You're transported back to 1994 with all your current knowledge and $50,000. Your goal is to create the world's biggest online shopping company.

How do you go about it?

As a further thought experiment, if you travelled back to 1960 with all your current knowledge and the goal of becoming the richest person on earth, what businesses would you start?

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[–] Justagoodoleboi@alien.top 1 points 1 year ago

Amazon had people who were gonna back it while it lost money for years. As far as I know they were a pioneer in this. There is no “out compete” when your competitors are losing money on purpose lol