The Big 'What If': Amazon Went Public 20 Years Ago
Twenty years ago, on May 15, 1997, a Seattle-based online bookstore held its initial public offering. The company, one of many online businesses to go public during the first dot-com boom, generated $148 million in sales that year and posted a net loss of $30 million. It was valued at $438 million.
Fast forward 20 years and that same company, named Amazon.com by the way, is the fourth largest public company in the United States. Its annual revenue will likely exceed $150 billion this year and whoever saw this coming is now a rich man or woman.
Anyone smart enough to invest $1,000 in Amazon’s IPO back in 1997 and hold on to the shares through the dot-com crash and the subprime mortgage crisis is now sitting on $640,000. After three stock splits in the late 1990s, one share bought in the IPO for $18 has turned into 12 shares worth around $960 each.
- Global net revenue of Amazon 2014-2016, by segmentGlobal net revenue of Amazon 2014-2016, by segment
- Number of Amazon Video subscribers in Western Europe 2015-2021Number of Amazon Video subscribers in Western Europe 2015-2021
- Most popular U.S. Amazon product categories 2016Most popular U.S. Amazon product categories 2016
- Monthly unique visitors to U.S. retail websites 2017Monthly unique visitors to U.S. retail websites 2017
- Sales of the leading 10 consumer electronics retailers of the U.S. 2015-2016Sales of the leading 10 consumer electronics retailers of the U.S. 2015-2016
- Most popular Apple App Store categories 2017Most popular Apple App Store categories 2017
- Ad-selling companies worldwide: digital advertising market share 2016-2019Ad-selling companies worldwide: digital advertising market share 2016-2019
- Digital display ad revenue in the U.S. 2016-2019, by companyDigital display ad revenue in the U.S. 2016-2019, by company
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