On: Zappos CEO Wanted To Stay Independent, Sequoia Wanted Liquidity

[fallentimes]

I want to know what Zappos' net income is. I don't think it is or ever has been, positive.

[jrockway → fallentimes]

Why would you think that? They charge retail price for their shoes, but don't have retail stores. Second Day Air is a lot cheaper than buying a store in every town.

[fallentimes → jrockway]

Because their EBITDA is only 40 MM on Revenue of 1 Billion.

[dcurtis → fallentimes]

That's a rumor now, but we'll see the real numbers with the SEC filings.

Also, I asked Tony if Zappos was profitable about 4 months ago and he said yes.