Word: matters
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Dates: during 1990-1999
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...people still really don't understand about the e-commerce revolution. If these are such hot businesses, then why are they hemorrhaging cash? Amazon--the company everyone wants to be like--could lose nearly $350 million this year. O.K., the Net is different, but don't profits and losses matter anymore? They do. Bezos insists Amazon's oldest businesses--books, music and video--will be profitable...
Lots of hands shoot up during the Q.&A. period. "Bloomberg says Amazon is going to fall flat on its face," asserts one person. Bezos dismisses the comment. "We have a ton of doubters, and the fact of the matter is, we don't try to convince them," he says, pointing out that he will start making a profit when the "cone of opportunity" begins to narrow--that is, when there's no room left for more competitors to enter. The questions go on for 15 minutes. What does your house look like? (It's lovely, and we are amazingly...
...Amazon in '96, recalls learning Web coding on the fly in order to get his reviews online. Kerry Fried sardonically references "my assistant" to refer to her endless clerical duties. Almost every Amazonian spends half his time each December wrapping packages and manning customer-service lines. "It doesn't matter what you've done before and what you're going to do later," says Moe. "You figure it out as you go along...
...course, is at the heart of the matter. Surely the Internet could be put to darker purposes. We may not live at the end of history, but we live in a country, and increasingly a world, where the large preoccupations of earlier generations have been resolved. We need no longer worry about subsistence, about food and shelter. For centuries philosophers have contemplated just this moment and wondered what would come next. For a very large number of people, it appears the answer is, eBay comes next...
Cambridge resident Elizabeth Kline, one of the people who worked to develop the ordinance over the past two-and-a-half years, said the council cannot afford to wait any longer before voting on the matter...