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Amazon.com , inc. Nick Romjue. agenda. Amazon history and fun facts Module 7 calculations. Amazon history. Founded by Jeff Bezos in Seattle, WA in 1994 He purchased The Washington Post last year Also started Blue Origin, a human spaceflight startup
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Amazon.com,inc Nick Romjue
agenda • Amazon history and fun facts • Module 7 calculations
Amazon history • Founded by Jeff Bezos in Seattle, WA in 1994 • He purchased The Washington Post last year • Also started Blue Origin, a human spaceflight startup • Launched in July 1995 as an online bookstore, quickly adding more products • IPO in 1997 at $18/share, currently trading at $353.65 • Bezos employed the “slow-growth” model for Amazon • First year showing a profit was not until 2001
Fun facts • Amazon was almost named Cadabra, but it was changed because their lawyer misheard it as Cadaver • The name Amazon was chosen to suggest scale (the Amazon Rain Forest is massive) and because when it was founded, website listings were usually alphabetical • Every Amazon employee spends two days per year working the customer service desk, even the CEO • You can bring your dog to work • They once sold a CD for $3 billion • They’re currently making a 10,000 year clock • The current logo is supposed to depict a smile from A to Z
Sources • http://amazon.com • http://business.highbeam.com/industry-reports/retail/catalog-mail-order-houses • http://jobsearchtech.about.com/od/companyprofiles/a/Amazon.htm • http://www.businessinsider.com/10-mind-blowing-facts-about-amazoncom-2013-3?op=1