SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 250.24+0.3%Nov 5 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn D. Rudolph who wrote (92739)2/2/2000 1:14:00 AM
From: Bearded One  Read Replies (2) of 164684
 
I agree. Actually, this deal shows how the internet companies work together to scam the public.

Basically, Living.com hopes to go public based on their relationship with Amazon. They'll take the money from the IPO and use it to pay back Amazon. Amazon then would get to report that the deal 'worked.'

Of course, it's a shell game. The money is coming from investors, not from customers. It's just that it's coming from Living.com investors, not Amazon investors. And yes, it makes a difference because once the money runs out, it won't be renewed.

In toto, this is another way for unprofitable internet companies to pass around investor money and pretend that it's revenues.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News