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This Week in Startups

E1094: Thrasio Co-CEO Josh Silberstein acquires & operates 60+ Amazon brands, shares insights on mastering the marketplace, competing with AmazonBasics & more

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 11 August 2020

⏱️ 69 minutes

🧾️ Download transcript

Summary

Check out Thrasio: https://www.thras.io

Follow Jason: https://linktr.ee/calacanis

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Transcript

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0:00.0

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0:42.0

slash startups.

0:44.0

Hey everybody, welcome to this week in startups.

0:48.0

I'm your host Jason Callicanis.

0:50.0

And as you probably have all experienced, Amazon has a massive collection of amazing products when you search for a spatula or an ice cream maker or even just a cable or a power battery pack whatever it is you see all of these

1:07.7

amazing products and all of these really niche companies iterating and competing with each other on Amazon's platform.

1:15.0

Amazon made a really strategic decision years ago which Jeff Bazel spoke about

1:20.4

when he was at these congressional hearings on breaking up big tech or at least that was the

1:26.6

pretense for them and he talked about how that was a very polarizing decision inside of Amazon

1:35.8

but that he unilaterally decided, we're going to do it. We're going to let people on the Amazon platform sell whatever they want and compete with us.

1:40.0

That has led to over 2 million Amazon third-party sellers.

1:44.2

A third-party seller is somebody who's selling on the Amazon platform, but they aren't,

1:49.8

you know, Amazon, right? So Amazon gives them room on their platform just like eBay allows everybody to sell on it

...

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