Interesting story about Jeff Bezos raising $1m for Amazon in the - TopicsExpress

Interesting story about Jeff Bezos raising $1m for Amazon in the 60 minute interview. Although it wasnt stated, I assume its the first $1m for Amazon. Bezos held 60 meetings and found 22 investors who gave about $50k each to raise the $1m they needed at that time. In exchange, these 22 investors received about 20% of Amazon equity (less than 1% ownership each). It sounds like a great deal now, but a tough sell then, I imagine. geekwire/2013/jeff-bezos-60-meetings-raise-1m-amazoncom-giving-20-early-investors/

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