Knowing When It’s Time To Sell Your Startup
YoungUpstarts
NOVEMBER 13, 2012
They had a phenomenal obsession with customer service and offered free shipping and returns. When Amazon came knocking in 2009, they had been modestly profitable for only two years. They devalued the company and sold 70% of the business to private investors in 2009. Also not surprisingly, they didn’t make much money.
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