An unearthed video from 1997 shows a young Jeff Bezos explaining why he built Amazon's empire on books
An unearthed video from 1997 shows a young Jeff Bezos explaining why he built Amazon's empire on books.
“Three years ago I was in New York City working for a quantitative hedge fund when I came across the startling statistic the web usage was growing at 2,300% a year, so I decided I would try and find a business plan that made sense in the context of that growth, and I picked books as the first best product to sell online”