Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Charlie J who wrote (27266)	11/20/1998 12:35:00 AM
From: Victor Lazlo	Read Replies (1) of 164684

<<How could I have missed the fact that Amazon was started for some other reason? But, now I'm even more confused. Just why was the company started?>> Perhaps to make money for the founder, and the venture capital firm that funded it? This venture capital firm has taken many co' public, and once taken public, most of them have fizzled badly over intermediate timeframes. But the vc firm, Kleiner Perkins, almost always makes good money nonetheless. On amzn, I belive their combined paper and realized gains by now are close to $1 billion dollars, and very possibly above $1 billion. And the founder is worth about $3 billion as of today. How's that for a motive? Victor

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