From then 1997 letter: > We established long-term relationships with many important strategic partners, including America Online, Yahoo!, Excite, Netscape, Geo

From then 1997 letter: > We established long-term relationships with many important strategic partners, including America Online, Yahoo!, Excite, Netscape, GeoCities, AltaVista, @Home, and Prodigy. Every single one of those partners either folded or fell into utter irrelevance. The only one surviving is Amazon itself. Don't know what to make of it, though.