Do you have evidence Amazon sold books at a loss for 20+ years?
Buying a book for $10, selling it for $12, then spending $5 on a new warehouse is cash flow negative but not selling at a loss. Amazon isn't even cash flow negative anymore.
Buying a book for $10, selling it for $12, then spending $5 on a new warehouse is cash flow negative but not selling at a loss. Amazon isn't even cash flow negative anymore.
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