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The $245,000 loan from his parents in 1995 to help start Amazon begs to differ.
The $245,000 loan from his parents in 1995 to help start Amazon begs to differ.
I don't think DE Shaw VP would need a 250K loan from his working class parents.
That was a first round of funding, the same terms as other non-family members got. It wasn't a gift or anything like that, and it is why Jeff's parents are now billionaires.