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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart May 5
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      I’m currently rereading Zero to One for my book club. Thiel argues that all significant fortunes are built by building something new that totally avoids competition (or at least addresses a problem in a completely new way from preexisting competition).

      5 replies 0 retweets 12 likes
      Show this thread
    2. Saad Bassi‏ @SaadBassi May 5
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      Replying to @Molson_Hart

      How are those chines sellers taking over amazon then and you know they make significant revenue

      1 reply 0 retweets 0 likes
    3. Molson Hart‏ @Molson_Hart May 5
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      Replying to @SaadBassi

      Well, a lot of them are losing money and the ones that aren't are 1. Amazing operators 2. Got started early and thus have competitive advantage 3. Have some other competitive advantage i.e. their cousin owns a factory

      1 reply 0 retweets 1 like
    4. Saad Bassi‏ @SaadBassi May 5
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      Replying to @Molson_Hart

      Right on all 3 points but the ones who are losing money will eventually take a percentage of sales?

      1 reply 0 retweets 0 likes
    5. Molson Hart‏ @Molson_Hart May 5
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      Replying to @SaadBassi

      Maybe. Maybe not. No guarantee of that. Especially with Amazon lording over the environment, taking its 15%.

      1 reply 0 retweets 1 like
    6. Saad Bassi‏ @SaadBassi May 5
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      Replying to @Molson_Hart

      My newsfeed in germany is full of chines sellers giving away product for free in exchange of reviews. Tracking few products on sales metrics. Lets see

      1 reply 0 retweets 1 like
    7. Molson Hart‏ @Molson_Hart May 5
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      Replying to @SaadBassi

      My Twitter Dms are full of that shit now as well...people selling me on using those services.

      1 reply 0 retweets 1 like
    8. Saad Bassi‏ @SaadBassi May 5
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      Replying to @Molson_Hart

      Funny and strange. Its like amazon is okay with all these practices. Certainly seems like that considering the scale of this

      1 reply 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart May 5
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      Replying to @SaadBassi

      Amazon cares about this insofar as it affects customer trust. Other than that they don't care. And it's worth mentioning that they make money on every stupid sale of free review product or whatever.

      8:29 PM - 5 May 2020
      • 1 Like
      • Saad Bassi
      1 reply 0 retweets 1 like
        1. New conversation
        1. Saad Bassi‏ @SaadBassi May 5
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          Replying to @Molson_Hart

          Oh yes. They make money on all of this. 15% and FBA fees. Refund happens on paypal

          1 reply 0 retweets 1 like
        2. Molson Hart‏ @Molson_Hart May 5
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          Replying to @SaadBassi

          pic.twitter.com/eackeJpoZZ

          0 replies 0 retweets 2 likes
          3. End of conversation

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