How Amazon, Google, and Facebook generated revenue at lightning speed. | Wire19

Source: CB Insights

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How Amazon, Google, and Facebook generated revenue at lightning speed?

The key to Amazon revenue growth lies in its ability to leverage its wide network.

Video credit: Pexels

Amazon was able to attract more customers, which in turn drew more sellers to its platform.

Video credit: Pexels

Amazon Web Services (AWS) is the company’s third-largest source of revenue.

Google’s success can be attributed to its ability to leverage its expertise in search technology.

By layering more and more features on top of its social register over time, Facebook was able to gain control of a durable competitive advantage.

Being low cost and high capability gives Amazon a significant competitive edge.

By layering more and more features on top of its social register over time, Facebook was able to gain control of a durable competitive advantage.

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