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> He connected us with Jeff because he knew that Jeff was going to leave to start a web-related business that he had analyzed for this hedge fund. For whatever
by georgewsinger 10y ago
> He connected us with Jeff because he knew that Jeff was going to leave to start a web-related business that he had analyzed for this hedge fund. For whatever reason, that company didn’t want to pursue it but Jeff did.
This makes it sound as if (i.e., connotes that) the idea for Amazon was DE Shaw's, not Jeff's. Is this true?? I was under the impression that Bezos personally brainstormed a bunch of ideas for businesses that he thought would be useful with the new internet -- with books being low on the list -- and then, over time as more analysis was done (by Jeff), it rose to the top. I'm sure he talked with fellow DE Shaw employees about his thought process along the way. But the idea was his.
I got this from internet folklore + reading the Jeff Bezos bio that came out a few months ago. Am I right or wrong here? I find this historical fact pretty interesting, so want to get it right :)
- rwmj 10y agoThe "idea for Amazon" being "bookshop" + "on the internet" is not a something that can or should be owned or protected.