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As a general rule, I think that stock fluxuation news should stay off of HN. However, in this case, we're currently looking at a 9.88% decrease in AMZN. That'
by everettForth 12y ago
As a general rule, I think that stock fluxuation news should stay off of HN. However, in this case, we're currently looking at a 9.88% decrease in AMZN. That's roughly a $14Billion change in the company that nearly every startup uses as some kind of hosting provider. To put it in perspective, that's very close to the size of the Whatsapp deal. I think this is relevant to startups in this special case.
- arbuge 12y agoWhy is it relevant exactly? Amazon's hosting services are in no way dependent on Amazon's exact stock price.
- heroh 12y ago>that's very close to the size of the Whatsapp deal. it's very close the MarketCap of LinkedIn -- more reason why $19 billion for an App that generates $20million in revenue is/was ridiculous.