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Tech Billionaires: Jeff Bezos

We try not to spendmoney on things that don't matter to customers

We try not to spend
money on things that don't matter to customers

Full Transcript

00:00:01.000 --> 00:00:02.799
We try not to spend money on things
00:00:02.084 --> 00:00:04.068
that don't matter to customers.
Duration
5 seconds
Views
25
Timestamp in Movie
00:10:18
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...
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
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.