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But Bezos responded aggressively
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Tech Billionaires: Jeff Bezos

But Bezos responded aggressively cutting the price andadding new features

But Bezos responded aggressively cutting the price and
adding new features

Full Transcript

00:00:01.000 --> 00:00:03.006
But Bezos responded aggressively
00:00:03.641 --> 00:00:06.121
cutting the price and adding new features.
Duration
6 seconds
Views
20
Timestamp in Movie
00:28:53
Uploaded
May 24, 2025
Genres
documentary, biography
Production
Entertain Me Productions

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Movie Summary

Along with Google, Apple, Microsoft and Facebook, Amazon is one of the Big Five companies in the US tech industry. It has become one of the most influential companies in the world. In 2018, it surpassed 100 million subscribers wor...
From 2002 to 2007 his net worth quadrupled to $8.7 billion. - Tech Billionaires: Jeff Bezos 00:06
From 2002 to 2007 his net worth quadrupled to $8.7 billion.
After the financial crisis of 2008, his net worth decreased. - Tech Billionaires: Jeff Bezos 00:06
After the financial crisis of 2008, his net worth decreased.
In 2010, Amazon announced that sales of Kindle books - Tech Billionaires: Jeff Bezos 00:07
In 2010, Amazon announced that sales of Kindle books
That same year, Amazon moved into making - Tech Billionaires: Jeff Bezos 00:08
That same year, Amazon moved into making
From 1995 to 2018 Amazon net sales increased - Tech Billionaires: Jeff Bezos 00:11
From 1995 to 2018 Amazon net sales increased
In early 2013 and originally secret deal sent ripples - Tech Billionaires: Jeff Bezos 00:08
In early 2013 and originally secret deal sent ripples
The CIA signed a huge $600 million contract - Tech Billionaires: Jeff Bezos 00:09
The CIA signed a huge $600 million contract
This encouraged trust in Bezos. - Tech Billionaires: Jeff Bezos 00:04
This encouraged trust in Bezos.
If one of the world's largest intelligence services - Tech Billionaires: Jeff Bezos 00:08
If one of the world's largest intelligence services
In fact, it became one of the most trusted brands - Tech Billionaires: Jeff Bezos 00:04
In fact, it became one of the most trusted brands
It's easy to put up a website, but it's hard - Tech Billionaires: Jeff Bezos 00:05
It's easy to put up a website, but it's hard
And it's hard to make sure that the stuff arrives - Tech Billionaires: Jeff Bezos 00:05
And it's hard to make sure that the stuff arrives
So it's sort of the reliability of the end to end - Tech Billionaires: Jeff Bezos 00:05
So it's sort of the reliability of the end to end
Well certainly it'll get less fascinating and new - Tech Billionaires: Jeff Bezos 00:06
Well certainly it'll get less fascinating and new
And one of the new things that's happening - Tech Billionaires: Jeff Bezos 00:06
And one of the new things that's happening
And it's getting easier and easier - Tech Billionaires: Jeff Bezos 00:04
And it's getting easier and easier
Just yesterday, we announced amazon.com auctions, - Tech Billionaires: Jeff Bezos 00:12
Just yesterday, we announced amazon.com auctions,
In October of that year, - Tech Billionaires: Jeff Bezos 00:07
In October of that year,
On August 5th of that year, Bezos made headlines - Tech Billionaires: Jeff Bezos 00:07
On August 5th of that year, Bezos made headlines
For $250 million in cash. - Tech Billionaires: Jeff Bezos 00:05
For $250 million in cash.