In 1996, Kleiner Perkins invested $8 million for a 15% stake in Amazon.
Reflecting on that time, John Doerr, now Chairperson of Kleiner Perkins, shared his insights about Jeff Bezos and Amazon.
Which ott platform do you use the most? And WHY ?? Prime had a lot of complaints in its comments about renting system and netflix has been rated by a lot lesser people Than I thought by taking its popularity in consideration (is it even used by many?
Jeff Bezos on raising Amazon’s seed round: “It was the hardest thing I’ve ever done”
In 1995, Jeff Bezos was on a mission to raise $1 million in seed funding for Amazon.
To do this, he sold 20% of the company at a $5 million valuation, offering $5
Early salary was a great concept. Everyone runs out of money before month ends. Kind of like the credit card business. Had to do well. 550 cr is incredible in the market condition.
The founder of KFC was a loser until he was 65, he had no money, he borrowed $87 and started making fried chicken wings.
He failed 1,009 times before he was able to sell his first franchise. By the age of 88, he had become a billionaire.
How is Jeff Bezos So Rich with Only 9% of Amazon?
Jeff Bezos's net worth is substantial even though he owns only about 9% of Amazon because of several key reasons:
1. Amazon's Market Capitalization: For instance, if Amazon's market cap is $1.5 tril
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Abdul Ali T P
Stealth • 1m
“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” -Jeff Bezos, founder and CEO Amazon