The conversation between human and AI assistant.
As a venture capital investor, if you had an opportunity to invest in Amazon but passed, what was your rationale?
That's interesting, I hadn't thought about that. Were there any other reasons?
Another possible reason could be the competitive landscape at the time. In the late 90s, there were already established retail giants such as Walmart and Target who had a stronghold on the industry. It's possible that some investors didn't see Amazon as a significant threat to these established players, and therefore didn't want to invest in a startup that had such a high level of risk.