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amazon is leaping forward

Filed in archive on July 22, 2003

Indeed I wasn't too impressed by amazon's cash intensive business until now. Stefan seems to be a more convinced 'Amazonian'.
However Amazon announced two interesting improvements of their site:

  • 1. The possibility to search online through parts of books and make them appear in Google Results. A great plan as Google is the entry for more and more users while browsing the web.

  • 2. Amazon plans to open up it's payment system and therefore enabling other retailers to bill through their system.


These ideas seem to be a part of a more general move to leverage the investment in infrastructure Amazon has done. For a while now Amazon operates web shops for other retailers and provides full back end support. This could diversify the huge risk Amazon bears with it's 'everything in-house tactics' .

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Tags: amazon  entrepreneurship  forward  2003  technology  leaping+forward  amazon+leaping  venture+capital 

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