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He began developing the software for the site
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Tech Billionaires: Jeff Bezos

He began developing thesoftware for the site in his garage with ahandful of employees

He began developing the
software for the site in his garage with a
handful of employees

Full Transcript

00:00:01.000 --> 00:00:03.081
He began developing the software for the site
00:00:03.012 --> 00:00:05.076
in his garage with a handful of employees.
Duration
6 seconds
Views
26
Timestamp in Movie
00:09:58
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...
There was not much investment in the beginning - Tech Billionaires: Jeff Bezos 00:07
There was not much investment in the beginning
This was one of his main principles, frugality. - Tech Billionaires: Jeff Bezos 00:05
This was one of his main principles, frugality.
We try not to spend money on things - Tech Billionaires: Jeff Bezos 00:05
We try not to spend money on things
On July 6th 1995, a few months later after moving - Tech Billionaires: Jeff Bezos 00:13
On July 6th 1995, a few months later after moving
Named after the South American biggest river in the world. - Tech Billionaires: Jeff Bezos 00:05
Named after the South American biggest river in the world.
With financial and moral support from family and friends. - Tech Billionaires: Jeff Bezos 00:05
With financial and moral support from family and friends.
Sales took off immediately. - Tech Billionaires: Jeff Bezos 00:04
Sales took off immediately.
By 1996 the company reached $15.7 million in sales. - Tech Billionaires: Jeff Bezos 00:06
By 1996 the company reached $15.7 million in sales.
Within the first few days I knew this was going to be huge. - Tech Billionaires: Jeff Bezos 00:04
Within the first few days I knew this was going to be huge.
It was obvious that we were onto something much bigger - Tech Billionaires: Jeff Bezos 00:06
It was obvious that we were onto something much bigger
In 1997, three years after it was founded - Tech Billionaires: Jeff Bezos 00:10
In 1997, three years after it was founded
After raising $54 million, Bezos became a millionaire. - Tech Billionaires: Jeff Bezos 00:05
After raising $54 million, Bezos became a millionaire.
At the end of trading day on February, 2020 - Tech Billionaires: Jeff Bezos 00:08
At the end of trading day on February, 2020
Making such an investment at his IPO - Tech Billionaires: Jeff Bezos 00:08
Making such an investment at his IPO
In other words, if you invested in Amazon in its early days - Tech Billionaires: Jeff Bezos 00:07
In other words, if you invested in Amazon in its early days
He had warned many early investors - Tech Billionaires: Jeff Bezos 00:09
He had warned many early investors
But the employees worked hard and Bezos, - Tech Billionaires: Jeff Bezos 00:05
But the employees worked hard and Bezos,
The company grew fast into a large worldwide business. - Tech Billionaires: Jeff Bezos 00:05
The company grew fast into a large worldwide business.
Bezos later claimed Amazon is the earth's biggest bookstore. - Tech Billionaires: Jeff Bezos 00:06
Bezos later claimed Amazon is the earth's biggest books...
Although Amazon was originally an online bookstore - Tech Billionaires: Jeff Bezos 00:08
Although Amazon was originally an online bookstore