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TIP506: How Jeff Bezos Built Amazon
We Study Billionaires - The Investor’s Podcast Network
Bezos and Caffan's Story
On early 1995, Bezos' parents invested $100,000 in the Amazon.com website. Jeff and Caffan both were assigned an annual salary of $64,000 which was a 50% pay cut for Caffan at the time. The team ended up staying in the garage only for a few months as they were using too much energy that the house couldn't handle. In Amazon's very first week officially launching, they took in $12,000 worth of orders.
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