Amazon Empire: The Rise and Reign of Jeff Bezos (full documentary) | FRONTLINE
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Amazon Empire: The Rise and Reign of Jeff Bezos (full documentary) | FRONTLINE
An inside look at how Amazon CEO Jeff Bezos built one of the largest and most influential economic forces in the world — and the cost of Amazon’s convenience. This journalism is made possible by viewers like you. Donate to FRONTLINE now: https://bit.ly/47DFzCb And support your local PBS station here: http://www.pbs.org/donate Love FRONTLINE ...
43.2M viewsFeb 19, 2020
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Jeff Bezos on raising Amazon’s seed round: “It was the hardest thing I’ve ever done”“To raise the first $1 million of seed capital for Amazon, I sold 20% of the company at a $5 million valuation. I sold 20% of the company for a million dollars to 22 angel investors, roughly $50,000 each.”Jeff recalls taking 60 meetings to get to those 22 angels who said yes, which means roughly 40 of the investors he pitched said no.“And by the way, the 40 ‘no’s were hard-earned ‘no’s… They were multiple meeting
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