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Founded in 1994, by Jeff Bezos, Amazon.com was one of the first major companies to start selling goods over the internet. Its founders had a vision that an internet bookseller, as opposed to a brick-and-mortar store, could sell many times the number of titles.
Amazon's original business plan was quite unique. The company did not plan to turn a profit right away, in fact, not for five or so years. This was an important strategy in the dotcom era, when internet businesses were growing by leaps and bounds. Amazon.com grew at a steady pace, while other companies grew at lightning rates. And while these fast growing dotcoms were all crashing in 2000, Amazon was still growing steadily...
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