businessinsider.com – Jay Yarow
Bill Gurley, one of the smartest thinkers in the technology industry, did a big interview at an e-commerce conference.
During the interview, he said he saw shades of 1999 in some companies getting millions of dollars in venture funding. Those comments, naturally, garnered a lot attention.
However, he had equally startling comments about Amazon and Google.
After listening to Gurley, it’s hard not to be impressed by Amazon. It’s equally hard not to be pessimistic about the future of Google.
In short, Gurley believes that Amazon, through Amazon Prime, has built a service that weakens Google’s lucrative search business.