I’m torn badly with Amazon. After read The Everything Store, and what has been written all over the place, Jeff Bezos is a massive turd. Employees are horribly treated, wages suppressed, and all sorts of terrible and abusive practices. Then it comes time for me to buy something. I needed a new pair of size 14 sneakers. I drove to Adidas, Footlocker, dicks, and a few other stores but I just couldn’t justify $100 sneak…
Lower the barriers to entry for business. It is not easy to comply with regulations and reporting.
A scrappy startup can replace Amazon if they can focus on things that are not burdensome and arbitrary, like rent + insurance + tax reporting + legal.