{"id":112444,"date":"2020-09-03T14:23:34","date_gmt":"2020-09-03T21:23:34","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/09\/jeff-bezos-thought-there-was-a-30-chance-amazon-would-succeed-i-told-my-parents-its-very-likely-theyll-lose-their-entire-investment"},"modified":"2020-09-03T14:23:34","modified_gmt":"2020-09-03T21:23:34","slug":"jeff-bezos-thought-there-was-a-30-chance-amazon-would-succeed-i-told-my-parents-its-very-likely-theyll-lose-their-entire-investment","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/09\/jeff-bezos-thought-there-was-a-30-chance-amazon-would-succeed-i-told-my-parents-its-very-likely-theyll-lose-their-entire-investment","title":{"rendered":"Jeff Bezos thought there was a \u201830% chance\u2019 Amazon would succeed: I told my parents \u2018it\u2019s very likely they\u2019ll lose their entire investment\u2019"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/jeff-bezos-thought-there-was-a-30-chance-amazon-would-succeed-i-told-my-parents-its-very-likely-theyll-lose-their-entire-investment2.jpg\"><\/a><\/p>\n<p>Thanks to <a href=\"https:\/\/www.cnbc.com\/2018\/09\/13\/jeff-bezos-launches-day-one-fund-charity-how-he-spends-his-billions.html\">Amazon\u2019s success<\/a>, CEO Jeff Bezos is the richest person in the world, worth <a href=\"https:\/\/www.bloomberg.com\/billionaires\/profiles\/jeffrey-p-bezos\/#:~:text=Jeff%20Bezos's%20net%20worth%20of%20%24193B%20can%20buy%20\u2026\" target=\"_blank\">$207 billion<\/a>, according to the Bloomberg Billionaires Index.<\/p>\n<p><iframe style=\"display: block; margin: 0 auto; width: 100%; aspect-ratio: 4\/3; object-fit: contain;\" src=\"https:\/\/www.youtube.com\/embed\/MvuJCeV3K0o?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope;\n   picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>But when he started Amazon as an online bookseller <a href=\"https:\/\/www.cnbc.com\/2019\/02\/15\/photos-inside-seattle-house-where-jeff-bezos-started-amazon.html\">in 1994<\/a>, Bezos thought it was likely that his business would fail.<\/p>\n<p>\u201cI thought there was a 30% chance that we might build a successful company,\u201d Bezos told John Stofflet in an interview for <a href=\"https:\/\/www.youtube.com\/watch?v=MvuJCeV3K0o\" target=\"_blank\">KING-TVs \u201cEvening Magazine\u201d<\/a> in 2000. \u201cI never thought we\u2019d build what Amazon has turned into, and I\u2019m the most surprised on the planet.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to Amazon\u2019s success, CEO Jeff Bezos is the richest person in the world, worth $207 billion, according to the Bloomberg Billionaires Index. But when he started Amazon as an online bookseller in 1994, Bezos thought it was likely that his business would fail. \u201cI thought there was a 30% chance that we might build [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,1694],"tags":[],"class_list":["post-112444","post","type-post","status-publish","format-standard","hentry","category-business","category-electronics"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/112444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=112444"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/112444\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=112444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=112444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=112444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}