"I was at Amzn in 2000 when the internet bubble popped. Capital markets dried up & we were burning $1B/yr."
"Amzn came within a few quarters of going bankrupt around this time."
"Amzn nearly died in 2000-2003."
Current Google's CFO Ruth Porat saved Amazon during dot-com crash [1] , she advised them to go to Europe to raise money otherwise they would face insolvency.
"Amzn came within a few quarters of going bankrupt around this time."
"Amzn nearly died in 2000-2003."
Current Google's CFO Ruth Porat saved Amazon during dot-com crash [1] , she advised them to go to Europe to raise money otherwise they would face insolvency.
[1] https://www.vox.com/new-money/2017/4/5/15190650/amazon-jeff-...