Today on the program we have a founder who seems to have found a business in that area by buying other Amazon businesses that break out.

His name is Josh Sobersign and he is with a company called Thrasio.

All right, Josh, let me, you know, last week I saw this Jeff Bezos.

He gave an amazing opening statement talking about his birth mother, his adopted father, the father adopted him, and just as

regs to Rich's story and he talked about how hey we, we have this third-party ecosystem and people internally didn't want us to create it.

What did you think overall, because of his performance, because they are such a small amount of overall commerce,

they're a significant amount of e-commerce,

but they seem to be the most open and level playing field

of any tech giant.

So how did you, when you saw his performance graded?

I'm not sure the word performance is the word I'd use. But...

Let me start with...

When I think about Amazon.

What I think is first of all here's a company that has opened up a platform that has made

tens of thousands of people,

millionaires, and have given hundreds of thousands of people

their livelihood.

And for the most part, it's been a pretty fair shake.

It's not perfect, but it's pretty darn good. If you go you sell a good product you get a good result.

In the last two years they haven't raised fees. I think they raise shipping fees 2%

this year or 3%.

They haven't raised their referral fees,

...