AMZN stock is up 37x since 2006.
It would be interesting to make a list of VCs who've done better than if they'd just bought Amazon. Bet it would be short.
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The rest of the list would be people who have subsidized AMZN growth, by way of startups built on AWS.
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So, $ went directly from investors to Bezos, & the investors had no clue
. Especially the way AWS provides initial free service to startups
End of conversation
New conversation -
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Any ideas who the first investor was and how much they made?
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Hindsight bias, selection bias, confirmation
#bias... I only have 140 charactershttps://twitter.com/paulg/status/857897582412124160 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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