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Kleiner Perkins: Blockchain Tech Will Spawn Amazon-Sized Successes
- tosseraccount 11y agoAmazon is 20 years old and never had a profit.
- mathattack 11y agoI think they refer to the company (or spending) size rather than profitability. It's worth noting that their seed fund is only $4 million, a rounding error for KPCB.
- tosseraccount 11y agoHow much did they raise in their IPO? Is there a single class of stock?
- mathattack 11y agoYou lost me - Amazon or KPCB? I assume the former. Current market cap of Amazon is ~200 billion. During the IPO they raised ~55 million for a market cap of ~440 million.