Amazon's Funding History: From Bezos to IPO
Humble Beginning
Amazon, the e-commerce giant, has come a long way since its humble beginnings. In 1994, Jeff Bezos raised an initial $8 million in funding from Kleiner Perkins to start Amazon.com.
Explosive Growth
Over the years, Amazon has raised a total of $108 million in funding over two rounds. Its latest funding was raised in 2023 from a Post-IPO Debt round.
IPO and Beyond
In 1997, Amazon went public at $18 per share, giving it a valuation of $300 million. In its filing, the company warned investors that it expected to report substantial operating losses for the foreseeable future.
Conclusion
Despite these early struggles, Amazon has grown into one of the most successful companies in the world. Its funding history is a testament to the vision of its founder and the unwavering support of its investors. Amazon's success story is an inspiration to entrepreneurs everywhere, demonstrating that even the most ambitious dreams can be realized with hard work and determination.
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