Thread: BusinessInsider: Amazon Misses On Earnings
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Old 10-25-2011, 07:55 PM   #6
frahse
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Quote:
Originally Posted by taming View Post
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:
Quote:
Originally Posted by RainingLemur View Post
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.
You know, I don't know when I started using Amazon. Must be some way to look that up.
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