Amazon launched on this date in 1995. With the slogan : "The largest book store on earth."
Still remember its banner ads. #th90s. Later its valuation was looked at as a scam by intellectuals. How can a company that never made a single dollar profit be valued in billions on the market?
And now. Bezos turning the richest man in the world, crossing everyone even Gates, Apple or Google.
In the downfall after year 2000, it didn't hit any major crisis. Rather shutdown two of it's warehouses under construction limiting expansion a little bit.
And now with covid and lockdown its future looks perfect for a new world.
Lastly the famous anti e-commerce article from 1995, that made complete sense then, but looks so much off the mark now.
"Why the Web Won't Be Nirvana" written by a famous professor.
https://www.newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306
#nostalgia