Dear Reader, Not many people know this story…. But in 1998, Bezos invested $250,000 of his own money in Google, when the company was just getting started out of a garage in California. When Google went public in 2004, that $250,000 investment translated into 3.3 million shares of Google stock. Nobody knows if Bezos has sold any shares. If he hasn't, today they're worth more than $5.6 billion. I'm telling you this story because Jeff Bezos is betting big on a new trend. This time he's planning to invest $10 billion of his own money in this exciting new trend. That's 40,000 times more money than what he invested in Google. That's how big he thinks this could be. |
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