Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The brilliant part is Amazon doesn't make money directly by selling books, they make money by not paying for books until they are all sold (so publishers are effectively floating them interest free loans for every new title).

A perfect example of finance domain knowledge.



This also happens in the drug trade.

But I don't think we can attribute it to finance domain knowledge.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: