– 27 years
– $1.68 Trillion company
– 800k people employed
And 6 funny stories about the early days of Amazon
The whole point of an internet book store was to carry WAY more books than you can find in a book store.
But the book distributors minimum order was 10 books.
They couldn’t afford to buy 10 of every book..
So they would order 1 of the book they wanted…and 9 copies of an obscure out-of-stock book about Lichens that they’d never get charged for.
Friend: “Moiz do you even know anything about deodorant?”
Moiz: “no, I don’t. But I’m going to start this company, and in 12 months I’ll know everything there is to know about deodorant”