“We spent 18 months building the product, hiring up the engineering team, building the app… once we launch, we need a path to profitability within 12-18 months.”
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Said on True Wealth: money & business podcast
The Jason & Scot Show - E-Commerce And Retail News · EP354 - Amazon Q3: Ads Slow, AWS Sells Out, and AFS Takes Over
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grew 12% in Q3, below the 18% consensus expectation
12% growth vs 18% expected
“We spent 18 months building the product, hiring up the engineering team, building the app… once we launch, we need a path to profitability within 12-18 months.”
“We know 12 to 18 months out where a lot of the capital has a high probability of going because we've been proactively building relationships with managers”
“Watch and wait ... you can't afford $10,000 every 18 months for audit. Let's just give it 12 months and see what happens.”
“That’s only, you know, 12 to 18 months ago… those things are sort of faded away a bit now.”
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