Quote:
Originally Posted by taming
Amazon opened for business in 1995 and did not turn a profit until 2001. I remember the folks who said that Jeff Bezos was out of his head for pursuing a strategy that concentrated on getting all of his very expensive ducks in a row instead of immediate profitability.
From Wikipedia: |
Wow. Having never really looked into the history of Amazon...I never realized it took them so long to become profitable. Good on them for sticking through.