Bezos reminds Amazon baiters how Wall Street, Business Week pundits missed a $62bn biz
Image Credit: the newsmen
At $2,129, Amazon stock is down 37 per cent year to date. Founder Jeff Bezos has slipped $45 billion in personal wealth from his peak in 2021. "I have this old 2006 BusinessWeek framed as a reminder," Bezos tweeted Thursday, resurrecting a shot of a November 2006 International Business Week cover: "Jeff Bezos' risky bet. Bezos wants to run your business with the technology behind his Web site. But Wall Street wants him to mind the store".