Woot Acquired by Amazon

by Ryan On July - 1 - 2010

Yesterday on the official Woot.com blog, it was revealed that the popular discount retailer is set to be picked up by none other than Amazon. What does this mean for long-time wooters? Not much, apparently. In typical Woot fashion, it was made clear that the company plans to continue operations just as they always have:

“we plan to continue to run Woot the way we have always run Woot – with a wall of ideas and a dartboard. From a practical point of view, it will be as if we are simply adding one person to the organizational hierarchy, except that one person will just happen to be a billion-dollar company that could buy and sell each and every one of you like you were office furniture. Nevertheless, don’t worry that our culture will suddenly take a leap forward and become cutting-edge. We’re still going to be the same old bottom-feeders our customers and readers have come to know and love”

The humor continues as the letter from Woot’s CEO goes on “our business model is so vague that there’s no way Amazon can possibly change what it is we’re truly doing: preparing the way for the rise of the Lava Men in 2012.”

It is always a bit scary when something you know and love undergoes corporate change, but it looks like Woot has the situation well under (lack of?) control.

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1 Response so far
  1. Eric Said,

    That’s actually really cool! Amazon is a great company too so if anything I think Woot will only get better. It’s crazy just how much random stuff (t-shirts and gadgets) that I buy from Woot! One could even say that it’s a nerd’s favorite store!

    Posted on July 1st, 2010 at 9:19 am

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