Thursday
23Jul2009
Zappos and Amazon
Thursday, July 23, 2009 at 09:02AM I got lots of calls yesterday and this morning about what I think about Amazon buying Zappos. First off, it's great for Zappos and people who love Zappos. It's pretty simple from where I sit. Before Amazon came along Zappos had investors that were looking to get a return on their investment sooner rather than later. That's the business they're in. Amazon can see the greater value of Zappos over the long haul and will give them the money and resources to accomplish their long term goals as opposed to insisting they get more profitable, more quickly. Congratulations, Zappos.
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