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Jeff Bezos convinced 22 investors to back his new company Amazon in 1994. Their returns? Mind-boggling

From South China Morning Post December 2018: A group including family and friends each got 1 per cent of Bezos’ firm in return for US$50,000 – and an astonishing 14 million per cent return now makes each of those original shares worth US$7bn. He failed to convince 38 of them, and 24 years later some[…]

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