Amazon CEO Andy Jassy gave investors an unusually frank detail on July 30.
"Data center capital is spent starting two years before we can put servers into them to start monetizing," he said on the company's second quarter earnings call. In plain terms, when Amazon builds a data center, the money goes out two years before any money comes in.
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#wealth #actually #jassy #july
"Data center capital is spent starting two years before we can put servers into them to start monetizing," he said on the company's second quarter earnings call. In plain terms, when Amazon builds a data center, the money goes out two years before any money comes in.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#wealth #actually #jassy #july
2 days ago
