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Jeff Bezos

Glance: Amazon's 20 bets in 20 years

Amazon turns 20 on Thursday. Here's a timeline of 20 investment bets Amazon made in the past 20 years: 1995: Amazon opens its virtual doors as an online bookseller. Late 1990s: Amazon invests in startups like Pets.com and kozmo.com that promised to change the way people bought pet food and ordered delivery items. But they both went bust shortly after the bubble burst in 2000, causing Amazon to lay off some staff and scale back elsewhere. 1999: The company launches Amazon Auctions, a separate site that resembled eBay's auction sites, which did not succeed. "I think seven people came, if you count my parents and siblings," reminisced founder and CEO Jeff Bezos. 2000:...

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