Remember 1997? The year of Titanic, the first Harry Potter book and the best-selling Nokia 610. It was also the first year Jeff Bezos wrote a shareholder letter for his three-year old Amazon.com.
It makes fascinating reading. He talks about expanding staff from 158 to 614, having cash balances of $125mn and establishing strategic relationships with Yahoo, Netscape, GeoCities (I vaguely remember them), @Home (?) and Prodigy (?). He was especially proud of increasing sales from $16 million to $148 million. Continue reading “What Amazon’s Bezos Told Us In 1997”
“. He’s the man behind Pizza Express, Strada, Giraffe and Patisserie Valerie. He was also Chairman of Channel Four and a one-time columnist for the FT.