Bloomberg Wealth: John Doerr - John Doerr's Big Bets on Bezos, Brin and Page

Bloomberg Wealth: John Doerr - John Doerr's Big Bets on Bezos, Brin and Page

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Business

University

Hard

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The transcript discusses the speaker's early investments in Amazon and Google. The speaker met Jeff Bezos when Amazon was just an online bookseller and invested $8 million for 15% of the company. Bezos' vision was to offer the broadest selection at affordable prices with excellent customer service. The speaker also invested $11 million for 11% of Google, despite its lack of a business plan or revenue. Larry Page confidently predicted Google's potential for $10 billion in revenue, emphasizing the importance of search in accessing global information.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the characteristics of the investment made in Google?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the speaker's perception of the potential of search technology as described by Larry Page?

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