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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Mar 3

    Looking back on this it seems insane: Borders and ToysRUs partnered with Amazon. Amazon managed a co-branded website, logistics, etc. for free. As a result those companies never focused on the internet and Amazon basically stole all their customers. http://money.cnn.com/2001/04/11/companies/amazon/?s=2 …

    9:28 PM - 3 Mar 2018
    • 33 Retweets
    • 144 Likes
    • Ian Kar Steve Otto Nathan James Creech Jowe Hernandez Keiver Matthew Keys Kirk Willard Horse Gosha
    10 replies 33 retweets 144 likes
      1. Mighty.Johannon‏ @mightycapvc Mar 4
        Replying to @AustenAllred

        “Free”

        0 replies 0 retweets 1 like
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      1. Sheena‏ @sheenanagains Mar 4
        Replying to @AustenAllred

        Bold reminder that it’s crucial to thoroughly examine longterm incentives for all parties before any JV, especially when presented as a helpful hand. FBA also quietly flipped Amzn’s CAC on its head as companies paid Amzn to acquire their customers under the guise of partnership.

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      1. Keith Wasserman‏ @Keith_Wasserman Mar 3
        Replying to @AustenAllred

        I remember this like it was yesterday. Wish I bought some Amazon stock then!

        0 replies 0 retweets 1 like
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      1. Giuliano Giacaglia‏ @giacaglia Mar 3
        Replying to @AustenAllred

        You probably read it but the everything store is a fantastic read, specially because you are leading Lambda School

        0 replies 0 retweets 1 like
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      1. DOC‏ @DRDOCSF Mar 5
        Replying to @AustenAllred

        Isn’t Kohl’s doing some of this now?

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      1. Scott Stephenson‏ @deepgramscott Mar 4
        Replying to @AustenAllred

        Shhh, don't ruin it for the rest of us.

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      1. New conversation
      2. Stephen‏ @firstconversion Mar 4
        Replying to @AustenAllred

        Not as such. Borders in the uk Broke away and set up their own website. Unfortunately they had no understanding of digital and a business attitude that internet was just a fad and people would soon be coming back to the stores

        1 reply 0 retweets 0 likes
      3. Stephen‏ @firstconversion Mar 4
        Replying to @firstconversion @AustenAllred

        They also kept Hiring old white CEOs who new nothing about digital. They were dead but didn’t know it on the day the internet switched on

        1 reply 0 retweets 0 likes
      4. Stephen‏ @firstconversion Mar 4
        Replying to @firstconversion @AustenAllred

        So no point looking at what happened further down the line. Their death was sealed a long time before they went out of business

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. Russ Wilcox‏ @Russ_Wilcox Mar 4
        Replying to @AustenAllred

        Great point. Reminiscent of IBM outsourcing PC operating system to MSFT so it could sell more hardware.

        0 replies 0 retweets 0 likes
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      1. Sam Cooper‏ @coopersam339 Mar 4
        Replying to @AustenAllred @amandaorson

        While our customers' needs are met online by the people who do it better than anyone else, we will provide them with what we do best the books, music and movies they love to explore in an engaging shopping atmosphere," Borders CEO Greg Josefowicz said

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