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Observing that something was missing
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Tech Billionaires: Jeff Bezos

Observing thatsomething was missing, he saw an opportunityon the horizon

Observing that
something was missing, he saw an opportunity
on the horizon

Full Transcript

00:00:01.000 --> 00:00:03.012
Observing that something was missing,
00:00:03.159 --> 00:00:06.002
he saw an opportunity on the horizon.
Duration
6 seconds
Views
24
Timestamp in Movie
00:08:03
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...
He decided that an online company could offer - Tech Billionaires: Jeff Bezos 00:05
He decided that an online company could offer
And what was the first best product to sell online? - Tech Billionaires: Jeff Bezos 00:05
And what was the first best product to sell online?
Indeed, there were no book mail order companies yet. - Tech Billionaires: Jeff Bezos 00:04
Indeed, there were no book mail order companies yet.
In 1994, having had always been an avid reader. - Tech Billionaires: Jeff Bezos 00:05
In 1994, having had always been an avid reader.
Bezos decided to establish an online bookstore. - Tech Billionaires: Jeff Bezos 00:05
Bezos decided to establish an online bookstore.
Against his parents and even as boss's advice to reconsider, - Tech Billionaires: Jeff Bezos 00:12
Against his parents and even as boss's advice to recons...
At this time, Bill Gates was already dominating the world - Tech Billionaires: Jeff Bezos 00:09
At this time, Bill Gates was already dominating the world
Seems there was plenty of tech talent around. - Tech Billionaires: Jeff Bezos 00:04
Seems there was plenty of tech talent around.
He saw it as a place of opportunity and new beginnings. - Tech Billionaires: Jeff Bezos 00:05
He saw it as a place of opportunity and new beginnings.
He was aware that most startups don't work, - Tech Billionaires: Jeff Bezos 00:07
He was aware that most startups don't work,
People were saying that the company - Tech Billionaires: Jeff Bezos 00:04
People were saying that the company
But Bezos decided to take the leap anyway. - Tech Billionaires: Jeff Bezos 00:04
But Bezos decided to take the leap anyway.
His parents also ended up to support his decision - Tech Billionaires: Jeff Bezos 00:08
His parents also ended up to support his decision
After writing his business plan on a cross country road trip - Tech Billionaires: Jeff Bezos 00:11
After writing his business plan on a cross country road trip
And their new home became his office. - Tech Billionaires: Jeff Bezos 00:04
And their new home became his office.
He began developing the software for the site - Tech Billionaires: Jeff Bezos 00:06
He began developing the software for the site
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