Jeff Bezos revealed his secret to Amazon's success 25 years ago: ‘I asked everyone around here to wake up terrified every morning, their sheets drenched in sweat' [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Today marks the anniversary of when the former online bookstore went public in 1997 with an original IPO price of $18 per share , catapulting Bezos into millionaire status almost immediately. Now, Amazon shares are going for $185.99 each as of market close, Bezos is worth more than $200 billion , and the company sells almost everything under the sun (including, but really not limited, to books). A quarter of a century ago, in 1999, when Bezos was CEO, he revealed his nascent hard-line leadership strategy with CNET's Wendy Walsh. Two years after Amazon first went public, Bezos was already a billionaire , sharing his take on what built his booming e-commerce business. Praising his employees for being “the hardest working, most talented, most passionate, most customer-focused,” group of people, Bezos really hammered home the customer-service part. Taking it a step further than satisfaction guaranteed, he seemingly suggested that if workers aren't waking up in abject fear of disturbi
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 10/31/24 - Form 8-K
- 10/3/24 - Form 4
- 9/26/24 - Form 4
- AMZN's page on the SEC website