Amazon funding… hope for all of us….

15th of June 2006 by admin

An Irish based author (former VC), Diane Mulcahy, penned a recent book, which covered the Amazon funding story.

“Entrepreneur : Q3 94 – Founder Jeff Bezos got started investing $10k and borrowing $44k
Friends & Family : Q2 95 – Founders Parents invest $245.5K, Q2-96 siblings invest $20k
Angels: Q4 95 – Two Angels invest $54.4K, Q1,96 , Angel Syndicate – 20 angels invest $46.85 each raising $937K
VC: Q2,96 – Two VC firms invest a total of $8MM
Exit : Q2,97 – 3MM shares sold on NASDAQ , IPO raising $49.1MM”

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One Response to “Amazon funding… hope for all of us….”

Dermod Moore

June 17th, 2006 at 1:34 am

“Hope for all of us?”

I agree it’s an interesting thing to see how the giants start.

But how many of us have Friends and Family who can invest $265.5k?