Should We Grade Tom's Investment in Amazon as of 2007?

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At the time, if what you're playing for is $300, $400 million outcomes, then like, it's pretty important for your multi $100 million fund to own like a quarter of that company. Which is in part why people needed to be more ownership sensitive or certainly there were more funds obsessed with ownership than there are now. If you had bought a hundred shares at the IPO, which I think did we say 17, 18 market cap of four, 38 million, today you'd have $2.6 million and you would have made 1500 X,.

Amazon. No company has impacted the internet — and all of modern life — more than this one. We’ve waited seven years to do this episode, and are so, so excited to finally dive into every nook and cranny of this legendary company. And of course because we’re Acquired and this is Amazon, we couldn’t contain it all to just one episode… even a 4+ hour one! So today we focus on Amazon.com the retail business, and we’ll have another full episode on AWS coming soon. And because all great series are trilogies, to fully understand Amazon we highly recommend starting first with our previous episode on Walmart, which truly is the giant’s shoulder that Jeff Bezos stood upon. Let’s go!!

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