It’s like buying Amazon at $18

Osundolire Oladapo Ifelanwa
5 min readOct 7, 2023
Image Source: @TickerHistory on Twitter

I’m sure you’ve seen those internet articles. What if you bought Amazon at $18?

A little-known company at the time (at least to the rest of the world) Amazon Inc. founded by Jeff Bezos who no longer needs introduction, went public on May 15, 1997 at $18.00 per share. If you had invested $1,000 in Amazon at its IPO price in 1997, you would have purchased 55.5

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