Here is a bit of good news for the rest of the retail industry: Amazon’s CEO Jeff Bezos believes that the mega-retailer will eventually go bankrupt.
The bad news: He has placed the timeline for Amazon’s downfall in the three-decade range.
It is hard to imagine that the industry’s biggest disruptor and greatest success story over the past 20 years will ever go belly-up, but Bezos says the retailer is not immune to the eventual downturn every successful company must face.