Sunday, April 10, 2011

Tony Tsieh Could Have Been Richard Branson

New York Times: Why Is This Man Smiling?: In his book, Mr. Hsieh implies that the company’s investors forced him to make the Amazon deal
I have not read Tony's book, and this is the first time I am seeing somewhere he is hinting the sale was forced upon him, but I guessed that on my own a long time ago, and I strongly disapproved of it.

Zappos deserved an IPO. Zappos deserved an airline. The forced sale was an act of racism. Don't act surprised. I have made that statement before.

No, it was not about money. Those VCs would have made more money if Zappos had gone IPO.

Richard Branson
GroupOn, Zappos, And The Non Tech Components
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