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Wasn't Jeff Bezos a fairly senior and well-respected quant at D. E. Shaw just before founding Amazon? I would guess he would have had a fairly easy time raising
by leelin 14y ago
Wasn't Jeff Bezos a fairly senior and well-respected quant at D. E. Shaw just before founding Amazon? I would guess he would have had a fairly easy time raising money purely for capital purposes. Maybe he was strategically trying to get non-tech people in the book industry to invest and that was the root of the difficulty?
- mdonahoe 14y agoHe was perhaps deliberately keeping each individual investment small so that no one investor would have a large controlling interest.