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About Jeff Bezos. Born January 12, 1964 in Albuquerque, NM Frequented his grandfather’s ranch in Texas Graduated Valedictorian at Palmetto Senior High School Attended Princeton University Graduated: 1986 Founded Amazon.com in 1994 Net worth today: $36 Billion. Background of Company.
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About Jeff Bezos Born January 12, 1964 in Albuquerque, NM • Frequented his grandfather’s ranch in Texas Graduated Valedictorian at Palmetto Senior High School Attended Princeton University • Graduated: 1986 Founded Amazon.com in 1994 Net worth today: $36 Billion
Background of Company Founded in Seattle, Washington in 1994 “Cadabra Inc.” to “Amazon” Initially sold books but expanded Operates: North America and International Yearly sales jumped from $510,000 in 1995 to over $17 billion in 2011. 2013 Revenue – US $74.45 Billion
Brief Timeline 1994 – Founded by Jeff Bezos 1997 – Went public 1998 – Started offering CD’s and videos 2002 – Amazon Web Services 2005 – Amazon Prime 2007 – Released the Kindle
Stock Price Closing Stock Price 2/27/14: $360.13 Chronologically color coded comparison and contrast of changes 2009 Acquired Zappos.com for $850 Million 2011 Launched the Kindle Fire 2013 Purchased the Washington Post for $250 Million • Amazon Art, Washington Post, Drone R&D announcement
Board Members Patricia Q. Stonesifer William B. (Bing) Gordon • Director since April 2003 • Kleiner Perkins Caufiled & Byers • Electronic Arts, Inc. • Zynga • Director since February 1997 • Martha’s Table • Smithsonian Institution • Bill & Melinda Gates Foundation • Microsoft Corporation
Jeff Bezos Interview http://www.tubechop.com/watch/2101046 60 Minutes: Jeff Bezos
News - Delivery By Prime Air Bezos’ prediction to be implemented by 2015. • Would receive packages under 5lbs within half an hour. FAA foresees it to be used in 2026 instead. Noticeable Problems • Theft • Being shot down • Other air traffic • Weather
News – Walmart & Target Fight Back Summer of 2012, Walmart and Target discover Amazon’s ‘Trojan horse’ sales techniques. Big box retailers and distributers realize Amazon’s competitive potential. Walmart and Target eradicated Kindles from their inventory.
Interesting Facts At age 3, he took apart his crib with a screwdriver because he wanted to sleep in a real bed. Banned PowerPoint presentations & requires his staff to turn in six-page papers He takes one day each week to run Blue Origin, his private rocket ship company
Space Travel Bezos is no bozo when it comes to innovation. Currently is building a space port in West Texas. Van Horn, TX
Works Cited http://itmg330ecommerce.wordpress.com/welcome/ceos/jeffbezos-amazon/#workscited