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 makes sense. Was there anything Amazon did particularly well to eventually gain the trust of investors?
One major factor that contributed to Amazon's success was their ability to pivot and expand their business model beyond just retail. This diversification into areas such as cloud computing and media streaming helped them to become more attractive to investors, as it showed the potential for long-term growth beyond just traditional retail.