alt Hacker NewsThere is only so much cash a company can burn.
Amazon spent last year 100B in Capex. They announced they will spend 200B this year. These numbers are INSANE. Greater than GDPs of entire countries.
They literally don't have the cash to do it. Either they need to grow their cash flow significantly, or deplete their cash reserves or take a huge loan (likely a combination of them).
Jassy is playing Russian roulette with the company and his career.
Replies
Ekaros • today at 7:40 PM
Just considering alternatives on that sort of numbers. Billions just letting that money sit. And if you want more than that and actually to pay it back in say 10 or 20 years... Which I question with some capex stuff going around... It just doesn't make sense for my poor engineering brain.
> They literally don’t have the cash to do it.
I don’t understand this? Amazon is a profitable company, on the scale of tens of billions of dollars per quarter. They very literally do have the cash.
Am I missing some subtlety in their financial reporting?