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Thursday, June 6, 2019

Find What’s New Before It Hits The Front Page

The stat that inspired an empire.
 
 
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In 1993, the internet grew by 2300%...

 
 
 
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In 1994, Jeff Bezos came across this stat: the internet had grown by 2300% the year previous.

"A nontrivial baseline growing at 2,300% a year is clearly going to be everywhere tomorrow," he said.

"And so the question was: What kind of business plan would make sense in the context of that growth?"

Two years later, Amazon was born.

 

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