Changes

Bezos officially launched the Amazon online bookstore on July 6th, 1995, offering one million  titles. The first book that was purchased was "Fluid Concepts & Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought."  He used his garage as his working area and warehouse. In 1996, Bezos move to a new headquarters, a small warehouse, and hired 11 people to help him with his operations. He decided to just  maintain a small inventory of books in the warehouse and trusted his suppliers to ship every order promptly. The company grew rapidly at the end of 1996. Bezos later decided move to a bigger warehouse in downtown Seattle. During that time, his employees increased from 11 to 151. <ref>[http://www.referenceforbusiness.com/businesses/A-F/Amazon-com.html Referenceforbusiness.com]</ref>  

Bezos officially launched the Amazon online bookstore on July 6th, 1995, offering one million  titles. The first book that was purchased was "Fluid Concepts & Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought."  He used his garage as his working area and warehouse. In 1996, Bezos move to a new headquarters, a small warehouse, and hired 11 people to help him with his operations. He decided to just  maintain a small inventory of books in the warehouse and trusted his suppliers to ship every order promptly. The company grew rapidly at the end of 1996. Bezos later decided move to a bigger warehouse in downtown Seattle. During that time, his employees increased from 11 to 151. <ref>[http://www.referenceforbusiness.com/businesses/A-F/Amazon-com.html Referenceforbusiness.com]</ref>  

In 1997, the company announced the [[IPO|Initial Public Offering]] of stocks and started trading on [[NASDAQ]] under “AMZN”.<ref>[http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-corporateTimeline Corporate-ir.net]</ref>  The company initially offered 3 million shares at $18 per share and at the end of the trading it closed at $23.25 per share. Amazon sold $54 million worth of stock in one day.<ref>[http://www.referenceforbusiness.com/businesses/A-F/Amazon-com.html Referenceforbusiness.com]</ref>

In 1997, the company announced the [Initial Public Offering of stocks and started trading on [[NASDAQ]] under “AMZN”.<ref>[http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-corporateTimeline Corporate-ir.net]</ref>  The company initially offered 3 million shares at $18 per share and at the end of the trading it closed at $23.25 per share. Amazon sold $54 million worth of stock in one day.<ref>[http://www.referenceforbusiness.com/businesses/A-F/Amazon-com.html Referenceforbusiness.com]</ref>

==Company Expansion==

==Company Expansion==