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As a venture capital investor, if you had an opportunity to invest in Amazon but passed, what was your rationale?
I'm curious to know, as a venture capital investor, if you had an opportunity to invest in Amazon but passed, what was your rationale?
Well, that's a great question. In hindsight, it's easy to say that Amazon would have been a great investment, but at the time, it wasn't so clear. Amazon was still a relatively young company, and e-commerce was still a relatively new concept. The internet was still in its early stages, and nobody knew if online shopping was going to be a legitimate business model.