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Bezos had to start off somewhere.
Just a small loan of a quarter million dollars from his parents to bail out his failing company, which one would be hard-pressed to imagine he would have even had that much success in founding if not for his wealthy parents supporting his upbringing as they did.
And 50K for 19 other people. That is how capitalism works.
Wealthy? I grew up poor as hell and my parents had that in either retirement accounts, pension accounts and equity. Though I would have never asked them for that since for every Amazon there are hundreds who didn't make it.
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I didn’t come from entrenched wealth. I followed the blue print of work hard and smart. I’ve done well.
It’s not hard to make it in capitalism if you stop worrying about what others have and focus on your life. Most people just can’t stop trying to compete with the joneses.
I’ve been to communist countries. I’d much rather live in a capitalist country. Being equally poor and starving doesn’t interest me at all.
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Not sure if you’ve ever been to Cuba but it’s not the poster boy for communism. It’s a very poor country and people are malnourished. I’ve been there several times.
Nice people but very impoverished.
Compared to Jamaica or the Bahamas; it was jarring.
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https://amp.cnn.com/cnn/2023/05/01/americas/cuba-fuel-shortage-cutbacks-intl-latam/index.html
What I saw was matched with facts. Here are just a few cites.
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Cuba has a longer life expectancy, America is winning hard.
This is ironically a poor sales pitch, unless you believe that networking, marketing, and familial wealth should be what orders society.
And I never said that 250k was all they had, and in fact being able to throw that much money at something is going to be less and less of a concern the more money you have, though I don't think his family was "poor as hell" to start with. Unfortunately for this point, their finances at the time are not publicized that I can find.
It’s all part of how society works.
Networking is what has grown my career. People know I deliver and that’s why I make what I make.
I doubt his family was poor as hell but Mine was and could have come up with that. It’s not that much money in the grand scheme of things.
I’m not fan of bezos and still surprised by his success. It’s a model that somehow he got to work and as a business person I don’t like him.
But he didn’t steal profits. The company burns cash like crazy and has brief moments of profitability. Yet people keep buying into the Ponzi scheme.
It’s all part of how society works.
I said should, not does.
But he didn’t steal profits.
Back then, he used a considerable amount of money to run at a loss. Nowadays, he does steal a remarkable level of profits in the unpaid wages of the employees who keep winding up in the news for being forced to piss in bottles or drive to work in a hurricane.
Now days he’s not part of the company.
As I said I’m no fan of how Amazon is run. Why id never work there. I use them as a poster child for work reform.
Now days he’s not part of the company.
I don't think this all happened right when he retired in 2021
Maybe I am incorrect but I thought he washed his hands of it. He just wants to fly penis rocket ships and buy absurd boats to float around in with his girlfriend.