- Jeff Bezos to step down as Amazon CEO.
- Amazon was started from Bezos' garage.
- Jeff Bezos used to deliver packages in initial days.
One of the world's richest man and co-founder of Amazon, Jeff Bezos has decided to step down from the role after leading the company for almost three decades. He helped Amazon emerge as one of the biggest companies around the world and added to his fortunes too. But, the journey was full of struggle, as Bezos has talked about in the past. In an old interview with CNBC, Bezos recalled that there was a time when he was delivering packages himself. Yes, imagine the company CEO bringing your orders in his car! That was a thing.
"What's actually happened over the last 25 years is way beyond my expectations. I was delivering the packages myself, we were selling books. I was hoping to build a company, but not the company you see today," he had said.
To recall, Amazon.com was started as an online bookstore by Jeff Bezos in 1994 from his garage, where he along with a few employees started developing the software for the site. Within a year, they expanded to a two-room bedroom house. The test site for Amazon was launched in July 1995 and met with a phenomenal response upon the launch. Amazon shipped books across the United States and in 45 countries in just 30 days of its launch-making it an instant hit.
The platform kept growing exponentially. In fact in another interview from 1997, Bezos can be seen explaining why he chose books above other things. The Amazon CEO said that there were books and music were the most traded commodities online at the time. Out of this, there were close to 3.5 million items worldwide in the books category including all languages, Bezos explains in the video.
The Amazon boss was clear with the idea where he wanted to create a store that isn't possible any other way. It should be around this time when Amazon was short on resources, that Bezos had to double up as the delivery agent.
Amazon's continued success prompted Bezos, who was 34 at the time, to diversify the company's offerings and add electronics, toys and even clothes to the website's portfolio. Since then, the company hasn't looked back and has witnessed unprecedented growth across categories.
Bezos steps down as the world's richest man and will take up the role of executive chairman of the company. He will be replaced by Andy Jassy, who currently leads Amazon's cloud computing business. The change will take place in the second half of 2021, the company said.
"Being the CEO of Amazon is a deep responsibility, and it's consuming. When you have a responsibility like that, it's hard to put attention on anything else," Bezos said in an letter to Amazon staff on Tuesday.