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The Borders Books Collapse: A Bizarre Unfolding
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Created December 9, 2025About this video
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Video Transcript
Full text from the video
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Borders Books was winning in 2005, more cash than Barnes & Noble. But their collapse?
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Nobody tells you this. I saw something bizarre. The real killer
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wasn't Amazon directly. It was a key decision in 2001. Borders outsourced its
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entire online operation. To Amazon, their competitor! For seven years, customers were trained
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to buy directly from Amazon. Their CEO dismissed the internet as a fad,
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believing physical books eternal. By 2008, Amazon owned the market.
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Borders funded its own demise.
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