On Its 20th Birthday, 20 Fascinating Facts About Amazon That You Didn't Already Know
The world’s largest online retailer is turning 20 years old tomorrow, and in honor of this milestone, we’ve compiled a list of 20 little-known facts about Amazon -- as well as its intrepid founder, Jeff Bezos.
From Amazon’s humble beginnings out of a Bellevue, Wash., garage to its uncanny corporate culture to swirling anxieties about its eventual profitability, here’s a peek behind the walls of the storied ecommerce giant:
1. Bezos was an impossibly handy toddler.
2. Bezos' father was a circus performer.
3. Humble beginnings.
5. The name game.
6. The Kindle initially had another name, too.
While in development, the device was codenamed Fiona, after a character in Neal Stephenson’s The Diamond Age -- itself a sci-fi novel about an interactive book.
7. Amazon shuns traditional corporate meetings.
PowerPoint presentations, for instance, are banned by the company. Instead, all meetings begin with a silent, 30-minute reading session about the topic at hand. This is to emphasize critical thinking over oversimplified stats.
8. The 'two-pizza team.'
9. Desks made out of doors.
10. Not so perky.
Amazon stands in stark contrast to the slew of tech companies that offer awesome and absurd corporate perks. Cafeteria food isn’t subsidized, lightbulbs have been removed from vending machines to save electricity, and new hires receive a backpack containing a power adapter, a laptop dock and orientation materials -- which they are asked to return if they ever resign.
11. A terrifyingly hands-on approach.
Bezos reportedly fields questions from the public at firstname.lastname@example.org. When valid complaints arise, he forwards them to appropriate employees with a simple -- though slightly terrifying -- ‘?’ in the body of each message.
12. A way with words.
13. 'Gladiator culture.'
14. That laugh.
Biographer Brad Stone describes Bezos’ laugh as “a cross between a mating elephant seal and a power tool.” (See here.) “You can’t misunderstand it. It’s disarming and punishing,” a former employee said. “He’s punishing you.”
15. The one.
Bezos met his wife, MacKenzie, when he was working at a hedge fund in the nineties. “My office was next door to his, and all day long I listened to that fabulous laugh,” she told Vogue in 2013. “How could you not fall in love with that laugh?” They got engaged three months after they began dating and married three months after that. They have four children -- three boys and a girl.
16. Star-studded alumni.
17. An arsenal of acquisitions.
18. Side projects.
19. Time is money.
20. Edging toward profitability?
Though Amazon has recently posted eye-popping profits, the company has been mostly unprofitable throughout its seismic rise. While investors have grumbled about this fact for years, others continue to be encouraged by the company’s explosive sales and growing investments.