Archive for the 'Business' Category

Amazon.com Downtime Cost

Amazon.comThe web is aflutter with Amazon.com being offline for the better part of several hours - it got me and Boris thinking: just how much is this costing them?

The answer is simple: about $33.96 in revenue per second (or a modest $122,260.27 an hour), based on Amazon.com’s $10.71 billion dollar revenues in 2007. Which translates into a lost profit, based on annual profit figures of $190 million, of $6.02 per second (or $21,689.50 an hour).

More Guy Kawasaki

Those of you who liked my transcripts of my transcripts of Guy Kawasaki’s Art of the Start conference may also like to check out this video of “The Art of Innovation” presented by Guy at UCLA. Enjoy!

(Guy starts about 13 minutes into the video)