Amazon’s Early Investors
When Jeff Bezos raised money for Amazon, the first question was always "what is the internet?"
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
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Did you appreciate the fact today?