questionsis there any way to get ahold of woot's financial…

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Unlikely to find one; they were private before (hence no need to release it), and now that they're a full subsidiary, there's no need to break it out.

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Harry Reid might know someone who can help.

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@narfcake: Affiliate reporting is absolutely done internally. Consolidations is only for "the street"

j5 j5
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I'm sure Amazon has this information. Whether it is part of their public financials, I couldn't say. But, I would guess Amazon's statements are your best bet.

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@benyust2: I didn't see it anywhere in the publicly released financials. My backup plan, if I don't get any information from anyone here, is to solicit Amazon, directly.

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@dmaz: This has been one of the (unintentionally) funniest questions I've seen all week. Maybe all year.

If you manage to get such a thing (which I doubt strongly that you will), there will be a track back to whoever gave up the information, and at least one person hitting the unemployment lines (and without the ability to get unemployment checks right away, either, since firing prevents that).

Man oh man, I'm interested in how this turns out. Very.

Consider purchasing at least one share of Amazon stock (which would help, possibly, in getting access to corporate reports). Also, you need to move to Seattle, and be prepared to ingratiate yourself with various employees that would give you this data (or Dallas, and talk to the accountants there, instead).

I now have at least 50 ideas (which I will just keep to myself, thanks) on how to encourage someone on staff in TX into helping out with this...

:-D

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@shrdlu: @dmaz: You can probably request an annual report from amazon even without being a shareholder (they may even have a pdf available somewhere - if not, just tell them you are a student writing a report about them). But, even that is unlikely to have a full cash flow and income statement for just Woot. As @shrdlu mentioned, trying to get this info from individual employees could result in problems for you and them and probably isn't a good idea (corporate espionage is frowned-upon).

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Yeah, I think its' pretty funny. And weird too. Also.
Have you ever worked in an office? A lot of this day to day info is fluid. As in: something that was late yesterday came in today, and we updated everything so it'll be right tomorrow. No biggie, unless you're keeping track and getting overly concerned.
Micro management is overly annoying. Counter productive.
I'm going to WAG an assumption that you may be in disagreement with a woot policy, and are looking for something to justify a personal stance within a petty opinion. ??

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@dmaz is the audience member that cheers for Plankton to steal the Krabby Patty Formula.

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And while you're at it, please try to find the exact, verified sum they paid @snapster for woot. Including any terms of the contract, such as a 2 year non-compete clause*. Exact=Cash in lump sum, over several years, stock in Amazon, etc. /sarcasm

*I'm personally hoping that snapster did have a 2 year non-complete, and that he's planning on starting a new, UNimproved woot. I'd SO be there.

:-D You're very inventive when you're bored. Channel that and you could do wonders.

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Thanks for breaking the 4th wall, @dmaz.

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Step 1: Get hired by Woot.
Step 2: ????
Step 3: Look at profits.

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@gidgaf: Haha, definitely not. I have no complaints against woot right now. Just being a Curious George.

@wootfast: Whaaaa- NEVER! I'm, certainly the most loyal of loyal in this... ~prattles on as he fades away surreptitiously, to his underground lair~

@gmwhit: Chanks :) I'm kind of crusty with channelling efficiently, but am improving through forcing myself into situations that I have no choice but to adapt.

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Only our monkeys know for sure.

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First, you don't have to own shares of any public company to get their statements. It's part of being "public."

Second, the only way you're going to get a breakout of woot financials is either from woot's finance or accounting or Amazon's and that's not likely at all. Many have tried with other conglomerates in other industries and haven't gotten far.

Sorry but them's the breaks.

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One time I wanted to get a soda from the soda machine and I was a quarter short and so I went and asked snapster and he had a quarter that he just gave me without me having to pay it back. I'm pretty sure he wouldn't have just given away 50% or more of his profits, so by my math that means he at LEAST made a dollar a year.

...hope I don't get fired for telling you that...

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@first2summit: Sure. Don't disagree. I should have been more clear. I meant that it was something he could then question in a shareholder/stockholder meeting, which normally requires owning stock. I don't personally own Amazon stock, having enough exposure to the tech industry through other companies. Doing pretty well, though.

http://www.nasdaq.com/symbol/amzn

In fact, I'd bet this information is not available to most employees, either now, or in the past. I think the accounting staff used to be in St Louis. Could be wrong, that's from memory.

Dearest @slydon; I'm really going to miss you.

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@shrdlu: Do any of those 50 ideas involve cake? :)

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@shrdlu: Sure you can ask why or for a set but you're not going to get one because it's confidential and potentially reveals too much about how that unit is doing and how it's operating at a line item level which would allow a competitor to clone its operations. Basically, you're potentially giving away the blueprint on the company.

This info is strictly confidential and limited to those depts for management and reporting. If this were available outside, they may as well as make it public cause you know how well secrets are kept the more people you include.

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@neuropsychosocial: No cake... On the other hand, Walmart seems to be an easy target.

http://finance.yahoo.com/news/how-a-lying--social-engineer--hacked-wal-mart.html

Funny at the time, funny now, and will still be funny, tomorrow. :-D

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I doubt they will be easy to come by. They removed the "total sales" from the statistics for fear that someone would keep track of their sales data. If they wanted to remove the transparency in sales total alone I doubt a true window to the full financial status of Woot is easy to come by.

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It's not really a report so much as a giant ruler that measures how high the gold coins are in the vault.

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Could always file a freedom of Information Act request with Amazon,

that or break into the Woot offices when they are minimally manned after a Woot-Off and search for the documents yourself.

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@wisenekt: We get a post-Woot-off break? So that's why nobody's around.

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Shareholders who demonstrate a legitimate need are provided (in most states) access to the books and records of the company. You may have to go to the company's office (and they may make it inconvenient), and you're not going to be able to decipher the records anyway unless you know how to interpret information from their GL system, but the information will be provided.

Or, on the other hand, if Woot! ever makes up a significant enough portion of Amazon's business, Amazon will be required to disclose certain Woot!-related information under segment reporting rules.

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i crunched some numbers. here's what i came up with:
numbers
assets
lolabilities
balance

also, that penny on the ground by my foot counts as an asset.

hope this helps.

eta again: now i can't decide if i want to leave the links or actually post the images. is it more annoying to click links or clutter threads?

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@pemberducky: Well those look like auditable financial statements to me, at least enough for the undermanned IRS.

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@riknik: You do raise a good point, during the Woot-Off might be better since the office would be flooded with people that no one has seen in awhile. Just say you are a new moderator since I'm sure it's all hands on deck for them.

And of course on your way out, you can always grab a BoC.

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While it sounds like an interesting "project", I really don't see it happening. Good luck anyway!

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Judging by how long it took @pemberducky to put these numbers together, I think this may be the first time someone asked if we make any money. Achievement unlocked.

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@pemberducky: That penny on the ground by your foot was totally mine.

Can I get a receipt?

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@riknik: i'm glad something good came out of this arduous undertaking.
my hands are all smudgy.

@javamatte: yes, but i'll have to wipe off my desk first.

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@pemberducky:

I absolutely love you for making this.

However.....I sure hope that was done with erasable markers, otherwise the accumulated depreciation on tangible office assets just spiked.

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He actually wants the info because he's planning on opening a daily deals site called HOOT!, and he wants to see if it's worth it, financially.

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@dmaz: very true. but it was worth it!

...in part because a leetle child happened to be visiting whilst i scrawled on my desk. she was obviously quite inspired....
she's not the one who did the writing, btw. apologies for my disastrous penmanship.

i agree with @gmwhit's sentiment. your boredom is high-performance boredom.

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@pemberducky: It was MUCH funnier to click the links. If you'd just posted them, not nearly so funny. In addition, not a fan of all the images. I kinda hate it, actually.

Thanks for this. It was lovely. ;-D

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@kamikazeken: So if @snapster opens "HOOT," will those who religiously follow the deals and threads there be issued shirts like this one? (Please excuse my picture. It was early and I wasn't looking my best.)