What they said in 1999 about Amazon

Startup Cat (YouTube) (11/20/2017)
  • CBS 60 Minutes profile of Amazon founder Jeff Bezos.
  • At the time, employees worked in cramped/messy cubicles and Bezos converted a door into his desk.
  • Bezos was a high-achieving but socially-awkward child/teen and graduated from Princeton.
  • Before starting Amazon (1994), Bezos worked on Wall Street (hedge funds).
  • He decided to start Amazon in Seattle literally while driving cross-country from NYC.
  • Amazon started by only offering books (expanded to CDs, movies by 1999) and innovated purchase-recommendation technology.
  • While some expected Amazon’s fast-growth to continue, no one anticipated future dominance.