Twenty years ago Jeff Bezos left a lucrative job in finance to drive across the country and start his own business. He went on a wild ride: from original hero of Internet commerce to poster child of dotcom hype to a second act on par with Steve Jobs’ return to Apple.
Amazon is still the greatest tech story of the 1990s; it’s also one of a few contemporaries still run by its founder. Nobody else reinvests almost every cent of profit in growth, as Bezos still does. Amazon is immensely valuable today, and almost all of its value comes from the future. The journey ahead for Jeff Bezos is just as great now as when he first set out in 1994.
Thiel is an investor, philanthropist and entrepreneur