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Amazon Was Founded 25 Years Ago This Week. Here's What the World Was Like When Jeff Bezos Incorporated the Company in 1994

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05.07.2019

What were you doing on July 5, 1994? That's the day -- 25 years ago this Friday -- Jeff Bezos first incorporated the company that went on to become Amazon.

By now, the official story is well-known: Bezos left his job at a New York hedge fund, drove across country with his then-wife, MacKenzie, and launched from a Seattle garage.

Almost everything in life seems inevitable in retrospect, but this was a radical, crazy idea at the time.

So for the 25th anniversary of Amazon (nee Cadabra), here are 12 fast facts about what the world looked like on July 5, 1994, that put it all in perspective.

If you're old enough, you can admit it: You probably didn't even use the internet in 1994. Only 0.447 percent of the world had access. But that figure was growing exponentially. A year before, it had been 0.252 percent; by 1995, it would be 0.777 percent.

If you did have internet access, you probably had it through school or work. If you had it at home, you were likely paying a company like AOL by the hour: $19.95 for five hours, and then $3 an hour........

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