Amazon. Com: The Business Model Of Amazon

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Chapter 1: Introduction
Jeff Bezos founded Amazon.com in 1994. This time period is noted for having thousands of companies come into existence at rapid succession with business models centered on the internet. These businesses were extraordinarily risky, and in a new unproven area of business. Investors were reluctant to part with money and most companies folded almost immediately. Some companies were successful and found huge profits. Amazon.com was one of these. With so many companies coming in and going out almost right away, Amazon stood out amongst the crowd. Much of the success the company found can be attributed to the company’s founder Jeff Bezos.
Jeff Bezos was born in 1964 in Albuquerque, New Mexico. He graduated from Princeton University in 1986 with a Bachelors of Science in Engineering. Bezos spent the next several years working on Wall Street in the computer science field. Bezos would also develop a computer system for an international trade company, Fitel. His last job was at a hedge fund in New York City. While working here Jeff Bezos first learned about the...

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