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Nov
5th
Tue
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The VC/IPO money does however distort the market, look at Amazon’s ‘profit’ statements against a food retailer - Wholefoods - and a failing retailer - Best Buy.

Revenue Profit
Amazon $21.27bn $97m
Wholefoods $2.2bn $113m
Best Buy $16.7bn $1.9bn

This got me thinking - what is going on with web economics?!

Business SOA: Zuckerberg and the unreality of valley thinking