Big Green Grass Yard Is Not Easy Essays

1904 Words Nov 7th, 2016 8 Pages
I went to Silicon Valley this year. The structures are quite different than the small city or countryside. The high rise towers are one next to another; I realized they are not the office structures but apartments buildings. The average living space there is much less than the countryside. Owning a big house with big green grass yard is not easy. So does the new high-tech startup company. It is much difficult to grow explosively in a short period, and especially the targeted market is tightening, there is not much space for the newcomer business to survive, and 9 out of 10 new startup companies are disappearing. The competition with existing giants is tough and almost impossible, but the miracle has just blessed on one newcomer. Jet.com, which has an office in the east coast, is one of unique Electronic Commerce new startup firm. It grows enormously with almost no time and just has acquired by a world large corporation in August with a value of 3 billion of cash and 300 million of stock shares. It only takes this EC about two and half years to achieve the success, and averagely it makes $330K a day.
The business idea is quite simple that Jet.com wants to be a bridge that collaborates with retailer partners; while encouraging shoppers to save more and buy more, and helping reduce inefficiencies of business partners, so it creates a win-win-win community to take on retail giants such as Amazon, Walmart, and Costco. A quick background of the Jet.com founder, Mare Lore was…

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