Jeff Bezos 2020 Letter to shareholders. The best one so far.
Hit the 'retweet' to maximise reach.
A Thread 🧵👇
1/ Amazon went public at a stock price of $1.5. The latest stock price at $3380.
That's an astonishing cagr of 38% for over 24 years.
Total wealth creation of 1.6 Trillion $.
In the meantime, the number of employees has gone from 150 to 13 lakhs 🤯
2/ "In 1997, we hadn’t invented Prime, Marketplace, Alexa, or AWS. They weren’t even ideas then, and none was preordained. We took a great risk with each one and put sweat and ingenuity into each one."
In the startup stages, Bet is almost always on the jockey (entrepreneur)🏇