By Dr. Mercola
Amazon was born in 1994, when hedge fund executive Jeff Bezos incorporated the company and began direct-selling books online with a plan to create technology that would make it simple for consumers to make their purchases.
His fairy tale, rags-to-riches story of his rise to wealth and fame and the company’s launch toward a near trillion-dollar value is a story that’s been chronicled nicely by Encyclopedia Britannica,1 which notes that the company — which Bezos promoted with a “Get Big Fast” slogan — did not post real profits until 2001.
Part of the story is that Bezos realized way back then …read more
Source: mercola
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