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How Big is Amazon? Its Many Businesses In One.


 
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 4 months ago '16        #26
Brucebaner2 1 heat pts
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I literally invested 65k in Amazon stock (i think it was 1300??) from my 401k over the weekend. I'm going to leave it and not touch it for 20 years. Let's see what happens.
+1   

 4 months ago '17        #27
Timberwolves 81 heat pts81
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 Brucebaner2 said
I literally invested 65k in Amazon stock (i think it was 1300??) from my 401k over the weekend. I'm going to leave it and not touch it for 20 years. Let's see what happens.
ok

 4 months ago '04        #28
egotistical 1 heat pts
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 Brucebaner2 said
I literally invested 65k in Amazon stock (i think it was 1300??) from my 401k over the weekend. I'm going to leave it and not touch it for 20 years. Let's see what happens.
This is RISKY but might not be a bad idea, if AMAZON continues to grow revenues at 25% a year. If it stays pretty steady than you could be missing out on A LOT of money.

 4 months ago '16        #29
Brucebaner2 1 heat pts
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 egotistical said
This is RISKY but might not be a bad idea, if AMAZON continues to grow revenues at 25% a year. If it stays pretty steady than you could be missing out on A LOT of money.
You know what I didnt think about the long term gain strategy a*suming steady vs aggressive growth. I a*sumed worst case was losing the whole stock (complete collapse) or it would grow to be the biggest company in the world and world record stock growth.

I'm ok with steady growth but you are right I could invest in something that would triple my 66k by next year.

 4 months ago '07        #30
dbbabd 2 heat pts
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 Brucebaner2 said
I literally invested 65k in Amazon stock (i think it was 1300??) from my 401k over the weekend. I'm going to leave it and not touch it for 20 years. Let's see what happens.
Just for perspective, when I was hired on they gave us stocks and it went from 500 to 2000 in 2 years!

 4 months ago '16        #31
Brucebaner2 1 heat pts
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 dbbabd said
Just for perspective, when I was hired on they gave us stocks and it went from 500 to 2000 in 2 years!
Damn, you still employed? Did you sell? I've been applying to AWS jobs just for the stock options.
+1   

 4 months ago '07        #32
dbbabd 2 heat pts
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 Brucebaner2 said
Damn, you still employed? Did you sell? I've been applying to AWS jobs just for the stock options.
Yes sir, been in management for 3 years at Amazon! And yea I still sell them occasionally. Have almost 100k of free stocks just sitting here waiting to vest.

 4 months ago '05        #33
dasill 12 heat pts12
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Very dangerous how big Amazon has and will continue to become.

 4 months ago '05        #34
jaydiLLa 1 heat pts
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 Brucebaner2 said
I literally invested 65k in Amazon stock (i think it was 1300??) from my 401k over the weekend. I'm going to leave it and not touch it for 20 years. Let's see what happens.

My wife works for amazon... smart move! It will be fine... be patient. Stocks fluctuate... in a bit of a bad cycle at the moment but it will bounce back.
+1   

 4 months ago '08        #35
tico86 181 heat pts181
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 datVAkid said
When i joined AWS 4 years go, we owned 80% of the worlds cloud capacity.

Just imagine how much we own now...

Last year for the 4th quarter of 2017, my team broke 4 world records 4 weeks straight.

The most Capacity to ever be installed in a week. We held the original record, but we broke it the first week in october, and broke it again every week after that until the end of october...

I worked in the largest regions, of the largest az, of the largest cloud computing company in the world.

Felt good to be part IT history

We even have a Data Center that apple bought from us to support their cloud.
I'm on my third or fourth interview for AWS. They hiring like crazt

 4 months ago '06        #36
datVAkid 44 heat pts44
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 tico86 said
I'm on my third or fourth interview for AWS. They hiring like crazt
yep, thats a good sign

 4 months ago '08        #37
tico86 181 heat pts181
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 datVAkid said
yep, thats a good sign
they told me after my next interview they fly me to Seattle. So far so good.

 4 months ago '04        #38
Duntaz 70 heat pts70
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 dbbabd said
Yes sir, been in management for 3 years at Amazon! And yea I still sell them occasionally. Have almost 100k of free stocks just sitting here waiting to vest.
Do people who drive/deliver for Amazon able to get stock as well?

 4 months ago '07        #39
dbbabd 2 heat pts
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 Duntaz said
Do people who drive/deliver for Amazon able to get stock as well?
No I dont think so

 4 months ago '10        #40
bunun 5 heat pts
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 sheva07 said
This is exactly what they want. Matter of fact, they bring in other smaller retailers and vendors, allow them to sell product but in turn, they use the very data, reviews and information they receive from the consumers purchasing from those vendors and Amazon then turns around and basically eliminates from the picture once Amazon begin offering the same product, usually at a lower price and better delivery options.
yea amazon is a dirty hoe and she dont play fair


Last edited by bunun; 01-04-2019 at 12:16 PM..

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