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You're transported back in time to 1994. How do you outcompete Amazon? (alien.top)

submitted 1 year ago by IndolentInsolent@alien.top to c/entrepreneur@indiehackers.space

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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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[–] princess_chef@alien.top 1 points 1 year ago (11 children)

I wouldn’t.

If I had that money with that knowledge, I’d find Bezos and invest all of it for as much equity as possible.

Then just sit back and reap the rewards without the work.

Even if I knew what Amazon would become and had some cash to start, I would also know that I’d be going up against one of the most fierce entrepreneurs of this time.

I think even in this situation, almost no one would beat him.

[–] TRauck15061506@alien.top 1 points 1 year ago

What about if your input takes enough equity from him that he no longer has the drive to build Amazon?

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