5. Business Model
● Take percent of sales for hosting on platform
● Sell cloud services
● Subscription based online streaming services
6. History
● 1994: Founded by Jeff Bezos in Seattle
● 1997: Goes public for 1.98
● 2003: AWS launches
● 2012: Robotics company Kiva acquired
● 2015: Amazon Alexa and Echo popularized
● 2017: Whole foods aquired for 13.7B
7. Secret Sauce
● Intense company culture
● Focus on customer above all else
● Innovative ideas for diversifying products such as AWS
● Focus on reinvesting earnings for growth
8. Competition
In ecommerce: eBay, Alibaba
In Cloud: Microsoft, Google
In play store: Google, Apple
In streaming: Netflix
In hardware/AI: Google, Apple, Microsoft