(PHOTOS) Amazon, that upstart online bookstore, turns 25: A history in photos

Since its launch 25 years ago, Amazon's reach has extended well beyond an online bookstore. And while it may seem obvious today, at the time Jeff Bezos was working to get his idea to the masses, many investors thought it would be no match for bookstore giants like Borders and Barnes and Noble. "He talked to several institutional investors and they basically all turned him down," said Tom Alberg, an early Amazon investor. "The big rival and dominant figure in the book industry in those days was… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2019-07-08 10:00:00 UTC ]
News tagged with: #online bookstore #obvious today #investors thought #bookstore giants #institutional investors #tom alberg #big rival #dominant figure #book industry #bookstore

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