Benedict Evans, tech blogger and VC with a16z, recently had an interesting series of tweets, polling his followers about their perception of various industry facts, such as android devices vs iOS devices, in an attempt to contrast the polled results with reality. One of the polls was about perceptions of Amazon’s share of the U.S. Consumer print book market.
Earlier this month, Amazon’s opening of a physical store created a fair bit of buzz online. Most observers found it puzzling. Why, after disrupting and demolishing the physical bookstore – as evidenced by the closing of Borders, and crippling of Barnes & Noble – would Amazon want to launch a physical bookstore themselves?
Now, Amazon is an extraordinary company, and its founder Jeff Bezos, is known for thinking really long-term …
“The decline of physical bookshops…affects which books have a chance of breaking out : bestsellers flourish, but midlist books that might have been discovered while browsing a bookstore are worse off, because consumers cannot easily stumble upon them while shopping on the internet.” – The Future of the Book, The Economist Oct 11, ’14
“Amazon is ideal for finding the book you know you want. But it is …