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DESCRIPTION
Jeff Bezos was working at a quant hedge fund in New York when he got the idea for an online book retailer that turned into a worldwide phenomenon, which he explained in this man-on-the-street style interview in 1997. Bezos' early vision is astounding. He identified the web as an "infant technology" then with significant shortcomings that made traditional commerce more viable for most products. He realized an early e-commerce business could only thrive if it did something that could not be done offline. Amazon, which started out selling 3 million different books when bookstores offered a few thousand, nailed this. But his prescience goes beyond that. Posted By Persist
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