"It’s Curtains for a George Washington Mural in San Francisco. Or Paint, or Panels. Just Hide It!"
Reader JKB sent me a funny video clip

"The making of Amazon Prime, the internet’s most successful and devastating membership program"

This strikes me as an apt comparison:

But the difference was, when you look back at those Amazon shareholder letters and you look back at what Jeff Bezos wrote, you look back at the tolerance they had for low gross margins, for a low stock price, for just grinding it out and investing and investing and investing, and trusting that if you do right for the buyer, everything else takes care of itself.

This is Sam Walton all over again.

Related: "Jeff Bezos has said that Amazon has had failures worth billions of dollars — here are some of the biggest ones".