Amazon’s Early Investors

When Jeff Bezos raised money for Amazon, the first question was always "what is the internet?"

Oct 20, 2020

Source: Internet Association
Published: May 2017

Amazon’s Early Investors

Amazon started as a very small company. I was driving all of the packages to the post office myself in my 1987 Chevy Blazer.
When I raised money for Amazon, I had to raise $1 million. Investors each put in $50k and [collectively] received 20% of the company.
40 people told me no. The first question was always, “what is the internet?” so I had to start by walking through that; this was early 1995.

- Jeff Bezos

------------

Did you appreciate the fact today?

Yes | No