Friday, December 01, 2017

The Lessons of 1999

Somewhere I got this link to the Sixty Minutes piece on Amazon from 1999.  Pelley's ambivalence about Amazon shows up.  He and a Wall Street type are amazed that it's more valuable than Sears. And the standard of value cited for Internet companies is Yahoo.

(I note I was one of the 2 million new Amazon customers in 1998.)
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