Detailed text transcripts for TV channel - CNN - 20181230:06:47:00
Million title physical bookstore. >> bezos understood it would take decades to create the infrastructure of shipping and warehouses. he had this vision of completely up-ending the retail business. >> a couple things we have to get to which is often said about your company. you are losing money. >> i can tell you that i think it's good that we're losing money right now. it's important to amazon.com some day in the future in the long term. >> we'd like to know what day that is. >> you can't be the everything store unless you are absolutely gigantic. bezos' philosophy was get big fast. earning mo...