Bloomberg Wealth: John Doerr - John Doerr's Big Bets on Bezos, Brin and Page

The transcript discusses the speaker's early investments in Amazon and Google. The speaker met Jeff Bezos when Amazon was just an online bookseller and invested $8 million for 15% of the company. Bezos' vision was to offer the broadest selection at affordable prices with excellent customer service. The speaker also invested $11 million for 11% of Google, despite its lack of a business plan or revenue. Larry Page confidently predicted Google's potential for $10 billion in revenue, emphasizing the importance of search in accessing global information.

What was Jeff Bezos's initial vision for Amazon?

• To be the world's largest online bookseller

• To build a cloud computing service

• To create a social media platform

• To develop a search engine

What was the speaker's initial investment in Amazon?

• $8 million for 15% of the company

• $10 million for 20% of the company

• $12 million for 25% of the company

• $5 million for 10% of the company

How did Larry Page respond when asked about Google's potential size?

• He predicted revenues of $10 billion

• He estimated a market cap of $10 billion

• He expected a user base of 10 million

• He foresaw a global reach of 10 countries

What was controversial about the investment in Google?

• The company was already profitable

• The company had no business plan or revenues

• The investment was made in a different industry

• The founders were still in high school

What did Larry Page emphasize about the importance of search?

• It is essential for finding global information and services

• It is vital for cloud computing

• It is crucial for online shopping

• It is necessary for social networking