Amazon was founded 25 years ago today, on July 5, 1994. The company was the second in the US to hit a market capitalization of $1 trillion in 2018, but had a long road to that success. Early investors would've seen disappointing returns for the first decade of Amazon's performance as a public company. The company is a cautionary tale for investors looking to cash in on banner IPOs coming to market this year.
Amazon was founded 25 years ago today, on July 5, 1994. The company was the second in the US to hit a market capitalization of $1 trillion in 2018, but had a long road to that success. Early investors would've seen disappointing returns for the first decade of Amazon's performance as a public company. The company is a cautionary tale for investors looking to cash in on banner IPOs coming to market this year.
Source: News Formal (newsformal.com)
1150% (our ROI)
You mean community-destroying companies that play the same old monopoly game to become the only consumer option.
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