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Jeff Bezos recalls that the riskiest moment for Amazon was in its early days when he needed to raise a million dollars. He ended up giving away 20% of the company in exchange for that investment, which turned out to be a great deal for those investors. However, they took a risk, and Bezos believes they deserved their returns. To secure the funding, Bezos had to take 60 meetings, raising the money from 22 people, each contributing about $50,000. At the time, in 1995, most investors' first questio
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