Jeff Bezos Laughed Off Criticism From Jay Leno In 1999 About Amazon Losing Billions And Never Making A Profit — ‘We Are A Famously Unprofitable Company’

When Jeff Bezos started Amazon.com Inc. in his garage in 1994, the concept of an online bookstore seemed far-fetched to many. Critics abounded, and numerous potential investors turned down the opportunity for a share of ownership, skeptical of its viability. Despite the doubts, Bezos remained steadfast in his vision for Amazon. A video clip from … Read more