211–220 of 293 posts
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Ahh, the 70s. Good memories.
I recall using this occasionally in the 90s even. There was also a period where I would regularly "one ring" my parents as code to call me back. IIRC that was because my cell plan had unlimited (or at least more) incoming minutes.
Ah, luckily the climate doesn't mind that oil was extracted, a phone case was produced out of it, shipped from China, to end up not even being used but just as a "greeting card". Why yes, I am fun at parties.
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Note: the Verge article links to this blog post, describing the situation in more detail: https://www.readmargins.com/p/doordash-and-pizza-arbitrage
Maybe that's my EU mindset, but I'm baffled how it's even legal to add a company to your public listing - complete with fake phone number - and just declare they're taking deliveries, all against the explicit wishes of the company. (Complete with "chill bro, I was just joking demand testing you" at the end) The blogger calls this being "tricked" to sign up for DoorDash. Seems to me, this is the same way a burglar "tr…
You only need to specify the name and address of the registered agent, which is sort of a "contact person", not somebody who works for the company.
https://www.delawarebusinessincorporators.com/blogs/news/can... and https://velawood.com/anonymity-in-delaware/
Domestic overnight mail / express mail was prohibitively expensive, something equivalent to $150 for small items.
However, if I ordered something via USPS International Express, those items would automatically be shipped as overnight / express mail once inside Norway, and handed to the Norwegian postal system. A parcel from New York to where I lived would take 2-3 working days, and as a bonus, USPS Int'l Express only cost around $50 for the same size parcel!
So while not the same type of arbitrage as OP posted about (where items become cheaper due to free shipping), I could save a lot of time and money.
Maybe a more extreme example would be the ultra cheap shipping prices from China. You paid like $1 in shipping, which would have cost $10 if you bought the same service domestically.
IIRC, the root of these practices go back many, many decades. And has a been a thorn on the side of modern shipping ever since Chinese e-commerce exploded.
https://www.digikey.com/en/help-support/delivery-information...
Try giving the USPS $139 per year and see what you can send with them.
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If you put all of the money Amazon as a whole has taken since it was founded in 1994 in a stack on the left, and all of the money Amazon as a whole has spent since then in a stack on the right, the stack on the left is slightly larger, but this has only been true for a couple of years now. It's the difference in 1990s billionaires and 2020s billionaires. Bill Gates was so rich because he owned a lot of Microsoft shar…
Can you share numbers? What are Amazon’s margins?
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Can you explain? Amazon is wildly profitable, and while AWS is far higher margin than their retail businesses, everything I can find suggests their retail segment also has a healthy operating margin.
If you put all of the money Amazon as a whole has taken since it was founded in 1994 in a stack on the left, and all of the money Amazon as a whole has spent since then in a stack on the right, the stack on the left is slightly larger, but this has only been true for a couple of years now. It's the difference in 1990s billionaires and 2020s billionaires. Bill Gates was so rich because he owned a lot of Microsoft shar…
There are some of us going to great lengths to reduce the amount of plastic we consume, the crap we buy and then throw out, distances travelled on our behalf. And then there are these people. Sending a pregnancy test to their grandma. What a hoot!
Sometimes it's a curse to think. My friend group years ago started "Secret Santa" at Christmas and I quickly realised it wasn't about giving useful or even entertaining gifts, it was just about the joke of the item itself. The more useless or stupid the better! I didn't realise this and chose a gift I thought would be appreciated but they were super disappointed that they weren't part of the joke. I've boycotted Secr…
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> Tipped generously. You shouldn't tip delivery drivers, it's literally their job.
Have fun when no one wants to deliver food to you.