Jeff Bezos is the president and CEO of the most popular international online-based shopping site Amazon. He started the journey 26 years back in 1994 with online retailer Amazon on a cross-country road trip from New York to Seattle. The first step started from his garage and now Amazon is the largest internet company by revenue which provides the world’s largest Artificial Intelligence (AI) assistance and cloud infrastructure services.
The beginning of the idea was of an online book store which expanded to a wide variety of E-commerce products and services including audio-video streaming, AI and cloud computing. E-commerce tycoon Jeff Bazos now has a market capitalization of over US$ 926 Billion.
In an interaction in a Fireside chat in India, Mr Bazos said, “What’s actually happened over the last 25 years [at Amazon] is way beyond my expectations,” He added, “I was hoping to build a company, but not a company like what you see today.”
If Amazon couldn’t be like now, what would have Jeff have done?
“I would be an extremely happy software programmer somewhere,” Bezos said Wednesday. We all have passion, and you don’t get to choose them,” Bazos shared at the 2016 Pathfinder Awards. However the current worth of Mr Bazos is $116 Billion according to Forbes, wouldn’t be the same. He must be a lot less rich in the other career option.
Jeff Bezos mentioned software programmer because he wanted to pursue a career regarding computer and automation. He is a graduate from Princeton University in 1986 with a degree in electrical engineering and computer science. According to a web portal ‘Wired’, Bazos turned down job offers from technology companies like Bell Labs, Anderson Consulting, Intell but went for ‘debugging code’ work for a start-up company Fitel. He left Fetal for a Bankers Trust as a software developer. He gradually planned to leave the bank to follow a tech job instead. But he went to work for hedge fund D.E. Shaw where he met the founder David Shaw, who was also a computer scientist.
Bazos task was about researching potential business opportunities relative to new landscapes that Internet. During the conceptualizing session, he found the idea of selling books over the internet. He shared the idea to Shaw several times but discouraged by him. Shaw also encourages him to not to leave the company and not to follow his own.
Bezos remembered, “When I told my boss about this, he listened to me patiently and said, ‘it’s a great idea, but for somebody who did not have a job already,”
He said, “I knew if I tried and failed, I would never regret it,”