
Jeff Bezos-Led Amazon Almost Ran Out Of Cash 24 Years Ago. At $400B, It Is Now Projected To Have As Much Cash As Apple And Microsoft Combined By 2027: Here’s More – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
Jeff Bezos’ Amazon.com Inc. AMZN once nearly ran out of cash 24 years ago, during the dot-com bubble crisis of 2000. It was once reportedly left with just 10 months of cash, with its stock price plunging to $7 from $107. Fast forward to 2024, Amazon is expected to have nearly as much cash on…