You’re transported back to 1994 with all your current knowledge and $50,000. Your goal is to create the world’s biggest online shopping company.
How do you go about it?
As a further thought experiment, if you travelled back to 1960 with all your current knowledge and the goal of becoming the richest person on earth, what businesses would you start?
Amazon is less a store than it is a marketplace connecting buyers and sellers and taking a piece from everyone than it is a store. What I do is build a platform and service to do the same with Service Merchandise who could have dominated the industry. Business takes 5% of every sale. 50k only works since I’m a dev and could build in India.