Jason Boyce built a successful business selling sports equipment on Amazon. As the platform has grown, Amazon has pushed sellers to lower prices, shorten delivery times and compete harder for every sale. This week on Decrypted, we explore whether entrepreneurs like Jason have reached a breaking point. They now face a competitor who's potentially unbeatable: Amazon itself. 

Jason Boyce built a successful business selling sports equipment on Amazon. As the platform has grown, Amazon has pushed sellers to lower prices, shorten delivery times and compete harder for every sale. This week on Decrypted, we explore whether entrepreneurs like Jason have reached a breaking point. They now face a competitor who's potentially unbeatable: Amazon itself.

Foundering is an award-winning, serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from the technology industry, where its companies are wielding unprecedented capital and power.

Foundering

As Amazon Gets Bigger, Sellers Feel the Squeeze

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5aadec03-c28e-4c95-93d6-ae2b00177b7d/transcript

Weeks after his death, Bob Lee’s toxicology report was released, indicating that he had alcohol, cocaine, and ketamine in his system. While his killing no longer fit neatly with the San Francisco Doom Loop narrative, a new story emerged that Lee traveled through an underground party scene known as “the Lifestyle.” Lee was twisted into a symbol for a second time, now representing the secret world of the wealthy tech elite. In conversation with Lee’s friends and family, reporter Shawn Wen tells the tale of the man they knew.

Weeks after his death, Bob Lee&rsquo;s toxicology report was released, indicating that he had alcohol, cocaine, and ketamine in his system. While his killing no longer fit neatly with the San Francisco Doom Loop narrative, a new story emerged that Lee traveled through an underground party scene known as &ldquo;the Lifestyle.&rdquo; Lee was twisted into a symbol for a second time, now representing the secret world of the wealthy tech elite. In conversation with Lee&rsquo;s friends and family, reporter Shawn Wen tells the tale of the man they knew.

Bob Lee Part 3: The Brilliant Programmer and a Lot of Wild Living

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7d5fd4a0-22fa-47fb-a7f1-b43401371c20/transcript

Nine days after Bob Lee was found stabbed in San Francisco, police arrested Nima Momeni for his murder. Desperate to squash the ‘Doom Loop’ narrative, San Francisco officials insisted that Bob Lee was killed by someone he knew, a fellow tech executive. But the Cash App founder’s friends and family had never heard of Momeni. Reporter Shawn Wen tells the story of Momeni’s teen years in the East Bay, his minor brushes with the law, and the events that put him on a collision course with Lee. 

Nine days after Bob Lee was found stabbed in San Francisco, police arrested Nima Momeni for his murder. Desperate to squash the &lsquo;Doom Loop&rsquo; narrative, San Francisco officials insisted that Bob Lee was killed by someone he knew, a fellow tech executive. But the Cash App founder&rsquo;s friends and family had never heard of Momeni. Reporter Shawn Wen tells the story of Momeni&rsquo;s teen years in the East Bay, his minor brushes with the law, and the events that put him on a collision course with Lee.&nbsp;

Bob Lee Part 2: The Brother Did It

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6d1145ac-c6f3-4705-a778-b42d0163614a/transcript

Three years ago, Bob Lee, a tech executive famous for creating Cash App, was found stabbed in San Francisco. His killing set off a wave of online fury. Reporter Shawn Wen takes us back to the turbulent days before his killer was arrested, when misinformation and rumors ran rampant. Several tech industry leaders decried violent crime in San Francisco, including David Sacks, who “bet dollars to dimes” that Lee was stabbed by “a psychotic homeless person,” and Elon Musk, who called the city “horrific.” 

Three years ago, Bob Lee, a tech executive famous for creating Cash App, was found stabbed in San Francisco. His killing set off a wave of online fury. Reporter Shawn Wen takes us back to the turbulent days before his killer was arrested, when misinformation and rumors ran rampant. Several tech industry leaders decried violent crime in San Francisco, including David Sacks, who &ldquo;bet dollars to dimes&rdquo; that Lee was stabbed by &ldquo;a psychotic homeless person,&rdquo; and Elon Musk, who called the city &ldquo;horrific.&rdquo;&nbsp;

Bob Lee Part 1: San Francisco Has Blood On Its Hands

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8ffe7d5c-c9db-4a46-8c41-b42d01616295/transcript

As Amazon Gets Bigger, Sellers Feel the Squeeze

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