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In 1997, three years after it was founded
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Tech Billionaires: Jeff Bezos

In 1997, three yearsafter it was founded Amazon went public withan IPO of $18 per share

In 1997, three years
after it was founded Amazon went public with
an IPO of $18 per share

Full Transcript

00:00:01.000 --> 00:00:04.721
In 1997, three years after it was founded
00:00:04.076 --> 00:00:09.064
Amazon went public with an IPO of $18 per share.
Duration
10 seconds
Views
31
Timestamp in Movie
00:11:11
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...
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
In 1998, it started selling music and videos. - Tech Billionaires: Jeff Bezos 00:05
In 1998, it started selling music and videos.
One day he emailed randomly 1000 selected customers - Tech Billionaires: Jeff Bezos 00:09
One day he emailed randomly 1000 selected customers
Unsurprisingly, the list came back incredibly long. - Tech Billionaires: Jeff Bezos 00:05
Unsurprisingly, the list came back incredibly long.
The now self-made billionaire recalled one person - Tech Billionaires: Jeff Bezos 00:10
The now self-made billionaire recalled one person
He then realized he could sell anything this way. - Tech Billionaires: Jeff Bezos 00:05
He then realized he could sell anything this way.
Thanks to an email to 1000 random people. - Tech Billionaires: Jeff Bezos 00:04
Thanks to an email to 1000 random people.
Amazon turned into the everything store the following year. - Tech Billionaires: Jeff Bezos 00:06
Amazon turned into the everything store the following year.
It also began selling a variety of other goods, - Tech Billionaires: Jeff Bezos 00:10
It also began selling a variety of other goods,
In other words, anything and everything - Tech Billionaires: Jeff Bezos 00:07
In other words, anything and everything
He understood consumer behavior and noticed - Tech Billionaires: Jeff Bezos 00:07
He understood consumer behavior and noticed
In 1999 Bezos became a billionaire at 35. - Tech Billionaires: Jeff Bezos 00:06
In 1999 Bezos became a billionaire at 35.