What they said in 1999 about Amazon com
Interview look the year when the internet dotcom bubble burst dramatically. What they were saying about Amazon.com and Jeff Bezos
Amazon.com, Inc., doing business as Amazon (/ˈæməzɒn/), is an American electronic commerce and cloud computing company based in Seattle, Washington that was founded by Jeff Bezos on July 5, 1994. The tech giant is the largest Internet retailer in the world measured by revenue and market capitalization, and second largest after Alibaba Group in terms of total sales.[5] In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization.[11] Amazon is the fourth most valuable public company in the world, the largest Internet company by revenue in the world, and the eighth largest employer in the United States.[12]
Jeffrey Preston Bezos (/ˈbeɪzoʊs/;[4] né Jorgensen; born January 12, 1964) is an American technology and retail entrepreneur, investor, electrical engineer, computer scientist, and philanthropist,[5] best known as the founder, chairman, and chief executive officer of Amazon.com, the world’s largest online shopping retailer.[6] The company began as an Internet merchant of books and expanded to a wide variety of products and services, most recently video streaming and audio streaming. Amazon.com is currently the world’s largest Internet sales company on the World Wide Web,[7] as well as the world’s largest provider of cloud infrastructure services, which is available through its Amazon Web Services arm.[8]
Bezos’ other diversified business interests include aerospace and newspapers. He is the founder and manufacturer of Blue Origin (founded in 2000) with test flights to space which started in 2015, and plans for commercial suborbital human spaceflight beginning in 2018.[9] In 2013, Bezos purchased The Washington Post newspaper.[10] A number of other business investments are managed through Bezos Expeditions.
When the financial markets opened on July 27, 2017, Bezos briefly surpassed Bill Gates on the Forbes list of billionaires to become the world’s richest person, with an estimated net worth of just over $90 billion. He lost the title later in the day when Amazon’s stock dropped, returning him to second place with a net worth just below $90 billion.[11] On October 27, 2017, Bezos again surpassed Gates on the Forbes list as the richest person in the world.[12] Bezos’s net worth surpassed $100 billion for the first time on November 24, 2017 after Amazon’s share price increased by more than 2.5% over the day.[13]