He also had plenty of loyal venture capital money that got his back throughout the ups and downs....But, above all, he took a chance and it paid off....
the SM58 been used since the 60s I think. Many youtubers/streamers/singers still buy the SM58 for $100 in 2020. Crazy to think how far video has come, but audio only got a few new upgrades
Old comment, but still: Neural Networks were a big exciting thing in the 1990s. But not yet very refined and computational power was the big limitation.
I thought this was 2018 or something speech, until I looked at the address and saw 1998, he was so far ahead of his competition no wonder he’s the richest now
These old videos are important to watch again, because they enlighten you about what to look for in a founder. There will continue to be many startups and businesses being setup in the near future. And we want to be able to identify the ones with the most potential for future success; starting with how passionate and dedicated their founders are
This is exactly the kind of content I was looking for... J.Bezos on his own words, out of kinda 'romantic' stories. Many truths spoken, which we take for a granted reality in the present; it must have been exciting having been on that room at that moment. Thanks for sharing this!😉👍👍
Amazon's catalogue would have been the size of 40 NYC phone books in 1998! Wow, not gonna forget that soon. That's like buying the Encyclopedia Brittannica and paging through it rather than driving to the nearest bookstore
That opening speech guy with the Boston accent reminds me of the lawyer from the Simpsons. Not lionel hutz, the other guy, with the glasses who always defends Mr Burns.
He called the internet "Primitive Infant"Technology in 1998. It's almost as if he had a 30 year vision of his company and the internet and he saw how "shitty" the internet is from 1998.
I wish I had watched all of his interviews before the stock split the first time. That was 1998 I think. A measly $8000 investment then, at $32 per share, pre split, is now worth almost $13 million! Jeff Bezos is brilliant.
@@jasdeepsingh6568 Ah yes, another attack at producers and capitalists, with no solution or alternative other than living in a sense of moral superiority while bathing in ignorance for how the labor markets work.
This guy is on the frontier of the internet and has no idea of its potential but excited to take full advantage and fast forward to today drops his wife and same day gets with his side chick . Dont underestimate this tech geek.
He was very aware of the potential of the internet. As he mentions in this speech, the use of the internet was growing 2300% yoy and he as a TED talk (link provided) where he compares early stages of other industries and compares it to the internet. ua-cam.com/video/vMKNUylmanQ/v-deo.html Tech Geek and Visionary !
they would also be scum for participating in the rise of one of the most notorious robber barons of all time. i'm a trader but amazon is a hard pass for me. don't need it, don't want it.
@@andrewgarcia3136 If you are a trader you are a piece of shit. You are the worse of the worse, you destroy value instead of creating it. Bezos created the best online marketplace and the best most reliable cloud computing service mankind has ever known, he did all of it within 25 years, and now he's building the space market of tomorrow. What did you do for society in 25 years you nobody piece of shit.
A.B. Dick: Every highschool craziness I ever did, 1957 to 1961, was made possible by their machines! (Actually not quite: I may have done one or two things in methyl blue off a sheet of gelatin -- so I knew enough to be impressed by the Dick machines. Thank you, then-kyew, honestly, Thank You, A.B. Dick corporation!) 1998 is roughly about when I sent my fifth Amazon purchase back for a refund -- but told them on the phone that the first four had been so good I really wanted them to succeed.
we call that a visionary. damn... nowadays its AI that will be the next big thing, i'm 100% sure... 10years from now, whoever build something around AI ideas It would be the next huge hit.
😂$2 MIL by his parents in 1996 (public library records) prove that making even 10 tech startups with it, could've been possible, out of which easily 3 could've been listed on nyse. STOP #hero #worshipping
Do you.. not know what venture capitalists are? Asking his parents to invest is a favor to them, it allows them to profit off the business. If it weren't for his parents, by 1996 he could have absolutely taken the existing business to some VC's and secured the same funding. Your point is moot.
@@user-oj4iz9gb9m you have no idea what I'm saying, do you? I didn't say they were VCs. Of course we aren't VCs, neither is Bezos. A VC is somebody who makes it their business to invest in other businesses. I don't think you understand what that is or what we're talking about here. My point was that if his parents didn't invest 2 mil some VC would have gladly.
Amazing performance-articulate, charismatic, detail-oriented, and farsighted.
This man had a strong strategy from the get go, and he stuck to it. Much respect!
He also had plenty of loyal venture capital money that got his back throughout the ups and downs....But, above all, he took a chance and it paid off....
Indeed
He didn't stick to his original strategy; he brought in MBAs and started selling everything.
Absolutely. "stuck with it" is a key phrase - he's not just smart, he's wise and thinks long-term.
Looking back it's easy to understand why Amazon is where it is today. Good on ya Jeff!
The audio is surprisingly good for the video's quality.
the SM58 been used since the 60s I think. Many youtubers/streamers/singers still buy the SM58 for $100 in 2020. Crazy to think how far video has come, but audio only got a few new upgrades
@@BunnyMuffins who the fuck knows after all
@@BunnyMuffins Great info.
dude it was 1998, not 1898
@@BunnyMuffins rlly. That’s pretty wild
I have the feeling that this video will be studied in history class and books. Awesome document.
His searing intellect and mirthful enthusiasm is on full display for all to see.
Talking about using neural networks for recommendation algorithms in 1998. 😌
Yeah that was interesting
@@depression_isnt_real me neither
It’s insane how focused this guy was and still
@@depression_isnt_real Would you mind telling your experience so that it can help me too.
Old comment, but still: Neural Networks were a big exciting thing in the 1990s. But not yet very refined and computational power was the big limitation.
Wow!! Looking back hindsight, Bezos saw the future for what it is today. He’s a true visionary.
Having seen several Bezos talks already, I'm amazed at how much new & interesting info is in this speech!! Great video!
I am sure the organizers of this event would be proud they invited jeff for this talk looking back at it now. such a visionary
All the people asking questions sounds like they had a whole week preparing their questions, so clear and confident haha
I thought this was 2018 or something speech, until I looked at the address and saw 1998, he was so far ahead of his competition no wonder he’s the richest now
These old videos are important to watch again, because they enlighten you about what to look for in a founder. There will continue to be many startups and businesses being setup in the near future. And we want to be able to identify the ones with the most potential for future success; starting with how passionate and dedicated their founders are
This is exactly the kind of content I was looking for... J.Bezos on his own words, out of kinda 'romantic' stories.
Many truths spoken, which we take for a granted reality in the present; it must have been exciting having been on that room at that moment.
Thanks for sharing this!😉👍👍
That man surely seems to know what he is doing. I hope he becomes a millionaire someday.
"It's my wife speaking up, saving me, once again!" you deserve your billions McKenzie! F what everybody says!!!!
Thanks for the re-upload those tend to get lost or overshadowed by the sheer amount of content available nowadays.
There is s lot of garbage out their as it relates to content. This upload however is pure gold.
Just about to sleep when i discovered this gem, completed it!
Sleep can wait
Same here
That’s crazy, I couldn’t sleep and randomly decided to watch a Jeff Bezos Speech and this came up.
Same here
Very interesting video, Jeff is a great visionary and pioneer, Thanks for sharing
Seems like a nice guy, hope it worked out for him
Yeah me too, has anyone heard anything about this guy
Amazon's catalogue would have been the size of 40 NYC phone books in 1998! Wow, not gonna forget that soon.
That's like buying the Encyclopedia Brittannica and paging through it rather than driving to the nearest bookstore
Serve. Be Humble. Love this!
❤💚 Everything Jeff puts out is GOLD. Even in its youth Amazon knew the strength of spiritual growth.
Thank you Jeff for teaching the world so much. 💚❤
What was spiritual about it?
I liked the story about money in floppy desk at min.12
Very interesting story🤣🤣
As a romanian, I can confirm that:))
That opening speech guy with the Boston accent reminds me of the lawyer from the Simpsons. Not lionel hutz, the other guy, with the glasses who always defends Mr Burns.
Great speech, demonstrates what a skilled strategic businessman looks like.
“People think neural networks will be valuable in this space”, little did he know. 😂
49:44 greatest understatement of the century ....
Great video 🔥
It's crazy that he talks about the technology at the time as somebody from today would now.
He called the internet "Primitive Infant"Technology in 1998. It's almost as if he had a 30 year vision of his company and the internet and he saw how "shitty" the internet is from 1998.
I wish I had watched all of his interviews before the stock split the first time. That was 1998 I think. A measly $8000 investment then, at $32 per share, pre split, is now worth almost $13 million! Jeff Bezos is brilliant.
51:00 collaborative filter and neural net in 1998 wow
you may think amazon is a giant bully killing other shops and merchants, but this guy has a heart of gold.
Not actually
Ya... Not really. Bezos is a genius but he's also a greedy capitalist.
@@jasdeepsingh6568 Capitalism. It's the American way :)
@@jasdeepsingh6568 Ah yes, another attack at producers and capitalists, with no solution or alternative other than living in a sense of moral superiority while bathing in ignorance for how the labor markets work.
Hes ahead of competition. You either survive or don't survive. Dont have to pay taxes. Customer service. Hire people in different industries.
This guy is on the frontier of the internet and has no idea of its potential but excited to take full advantage and fast forward to today drops his wife and same day gets with his side chick . Dont underestimate this tech geek.
He was very aware of the potential of the internet. As he mentions in this speech, the use of the internet was growing 2300% yoy and he as a TED talk (link provided) where he compares early stages of other industries and compares it to the internet.
ua-cam.com/video/vMKNUylmanQ/v-deo.html
Tech Geek and Visionary !
This is a gem
Jeff starts at 4:32
These people should of invested in Amazon stock after this speech, had they done so, many of them would of been millionaires.
should HAVE
how the fuck can anyone make that "mistake"
@@alainportant6412 You failed.
they would also be scum for participating in the rise of one of the most notorious robber barons of all time. i'm a trader but amazon is a hard pass for me. don't need it, don't want it.
@@andrewgarcia3136 If you are a trader you are a piece of shit. You are the worse of the worse, you destroy value instead of creating it.
Bezos created the best online marketplace and the best most reliable cloud computing service mankind has ever known, he did all of it within 25 years, and now he's building the space market of tomorrow.
What did you do for society in 25 years you nobody piece of shit.
26:20 he talks about decision-making frameworks - "regret minimization framework".
ชอบเจฟฟ์ เบซอส จากเลดี้รัชณา อสุรินทร์❤❤❤🎉🎉🎉😊😊ที่บ้านโคกศรี ประเทศไทย อำเภอหนองแสงจังหวัดอุดรธานี❤❤❤🎉🎉😊😊
❤❤❤🎉🎉🎉😊😊😊รักเจฟฟ์ เบโซส๋ นี่คือความใใฝ่ฝันไอดอนเลยหล่อมากแข็งแรงดูดีอยู่เลย❤❤❤❤🎉🎉🎉😊😊
Google uncle was yet to be born at the time of this speech..😄😅
the good ole' days when amazon associates got 15%
15% of what
vendors commission
All the people asking questions sounds like they had a whole week preparing their questions, so clear and confident haha
Epic Truth Bombs!
A.B. Dick: Every highschool craziness I ever did, 1957 to 1961, was made possible by their machines!
(Actually not quite: I may have done one or two things in methyl blue off a sheet of gelatin -- so I knew enough to be impressed by the Dick machines. Thank you, then-kyew, honestly, Thank You, A.B. Dick corporation!)
1998 is roughly about when I sent my fifth Amazon purchase back for a refund -- but told them on the phone that the first four had been so good I really wanted them to succeed.
The early day's of BEZOS 💞💝💞
Talking about AI in 98
AI has been a fad several times
He didn't mention longitude what a plonka !!!
เชียร์เจฟฟ์ เบฌฝโซส์ เลดี้สาวอุดรธานี บ้านโคกศร เชียร์ คุณ❤❤❤😊😊😊🎉🎉
@22:00 he predicted hubspot
Ahead of his time.
Fun shopping, there was a particular day in china when there is maximum clothes sale, that was perfect example of fun shopping without need
when it just sold books... im sure no one took him as seriously then
This video is going to get millions of views
Only 87K
Fun shopping, binge shopping, and Amazon started by selling convience to book readers
This one has hope.
I hope 🤞🥺
Right on target 🎯 Jeff ♥️
I wonder how he did advertisement at the time?
Jeff gets access to my humorometer.
we call that a visionary. damn... nowadays its AI that will be the next big thing, i'm 100% sure... 10years from now, whoever build something around AI ideas It would be the next huge hit.
That's exactly where AMZN is focused on.
VIDEO AD ON UA-cam APP NO AD ON UA-cam WEBSITE
Beff Jezos 8:37
Beef Jesus
8:36
Jeff actually starts at 4:32
This is cool
"Still, Yahoo of course, is the most trafficked site"
Maybe this one is the best among you.
So it's an ancient method of operating
At 16:10 he says Amazon generates 300, 000 in revenue annually. lol He’s almost proud too. He doesn’t even know yet.
Neural network in 😲
❤❤❤รักเจฟฟ์😊😊😊😊
Before Google and facebook
back when his hair existed
barely
LOL, AI was hot even in 1998. 21:00
what stage of Amazon at that time?
Wow what a visionary!
57:42 - "Save for later" 🛒
Wow
Buying up all the original books on Lycans 👀👁
The dropshipping god
Hope never sleep
🎉🎉
top guy
Jeff
06:00
This level of vertical integration reminds me of Tesla 🤫
Last order wait okok
кажете името на българина
😂$2 MIL by his parents in 1996 (public library records) prove that making even 10 tech startups with it, could've been possible, out of which easily 3 could've been listed on nyse. STOP #hero #worshipping
Do you.. not know what venture capitalists are? Asking his parents to invest is a favor to them, it allows them to profit off the business. If it weren't for his parents, by 1996 he could have absolutely taken the existing business to some VC's and secured the same funding. Your point is moot.
@@LeMonke3 😂BEZOS PARENTS R NOT VCs, WERE NOT VCs.
@@user-oj4iz9gb9m you have no idea what I'm saying, do you? I didn't say they were VCs. Of course we aren't VCs, neither is Bezos. A VC is somebody who makes it their business to invest in other businesses. I don't think you understand what that is or what we're talking about here. My point was that if his parents didn't invest 2 mil some VC would have gladly.
Wipe.
57:15
1:07:00
In the future, you will sell anything to the entire world and get a hot girlfriend.
I know. you are married now.
🦊 competition
I thought its DONALD TRUMP 51:03 :) :)
we need to stop buying online, we are killing off local stores buying online, being lazy :(
"We did have God review the Bible", LMAO
Ààabooka
The panicky can structurally extend because geranium superiorly murder within a humorous verdict. kindhearted, merciful pail
Jeff Bezos has decided he will not end world hunger today
As if he has the power to do that smh idiot
Highly doubt this man will be successful.🤪
The audio is surprisingly good for the video's quality.
Maybe it's edited wih a different head. The neck is glitching.