Today Amazon is known as 'the world's largest on-line retailer'. The Seattle-based e-commerce giant sells everything from apps to shoes, boast a video streaming service, has their own brand of mobile devices and much more. 20 years ago this month it was much different story when Jeff Bezos first started his on-line bookstore in his garage.
The story of Amazon actually started on the far away from Seattle. It was 1994 when a young vice president at the wall street investment firm of Shaw & Co read a report on the future of the Internet. After reading that report he had dreams of getting in on the growth of the Internet and this new thing called the world wide web. So, he gave up his position and went on a cross-country journey that end in the city of Bellevue, Washington. It was there, in July of 1994, that Mr. Bezos went on to realize his dream and start a business called Cadabra. Once Mr. Bezos went to incorporate his business he changed the name of the business to Amazon.
It wasn't long after Mr. Bezos started his little company that he sold, Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought by Douglas Hofstadter. From those humble beginnings, as an on-line bookstore, the little company known as Amazon started on its rapid growth. Soon Amazon became more than a bookstore as that purchased other companies, such as, Zappos.com, Drugstore.com, PlanetAll and many others. Then, there were other additions, such as, the Prime Network, e-readers, a computer tablet and the most recently Amazon's first smartphone.
The journey wasn't always easy as other companies, contractors and others have had their battle's with the Seattle-based company. Eventually, Amazon has made through with a few bumps and bruises.
So, this month we celebrate the 20th birthday of the company that grew from that little start-up book retailer to 'the world's largest on-line retailer'. Hears to you Amazon on your 20th birthday.