ClaimsJeff Bezos

“I started the company in 1995.”

Jeff Bezos, Amazon CEO, speaking at conference 20 September 2018 Full transcript: Jeff Bezos shares Amazon management wisdom (GeekWire) archived copy

Factual Their own work or organisation

Jeff Bezos started Amazon in 1995.

Mostly true True in substance, wrong in a detail.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

Judge as of the date the claim was made. The claim is that Bezos started Amazon in 1995. True: authoritative records (Amazon's SEC filings such as the S-1/10-K, or the company's official history) show Amazon was founded or started by Bezos in 1995, or launched its public operations in 1995 in a way that matches the ordinary meaning of 'started the company'. Mostly true: the records show Bezos founded the company in 1994 (incorporation in July 1994 as Cadabra) and Amazon.com opened to the public in July 1995. In that case 1995 is a defensible date for when the business started, but the year is slightly off for when the company was founded. Mixed does not apply, because the claim is a single fact. Mostly false: Bezos founded it, but the year is more than one year away from 1995. False: Bezos did not found Amazon, or the founding and launch dates both fall well outside 1994–1995.

Set before the research began.

Evidence (4)

  1. E1 0000891020-99-000375.txt (Amazon.com, Inc. Form 10-K for year ended December 31, 1998) U.S. Securities and Exchange Commission (filed by Amazon.com, Inc.)

    “We incorporated in July 1994 and began offering products for sale on our Web site in July 1995.”
  2. E2 Anniversaries, controversies for Amazon The 1995 blog · 15 July 2014

    “Almost no one noticed when Amazon — incorporated in July 1994 as Cadabra Inc. — started selling books at its Web site on July 16, 1995.”
  3. E3 Amazon: The Early Years (1995-1999) HistoryLink.org (Washington State history encyclopedia) · 4 July 2025

    “Amazon.com officially launched on July 16, 1995, selling $12,000 worth of books in its first week.”
  4. E4 Bezos' Amazon: from bookstore to backbone of the internet The Verge · 3 February 2021

    “In 1994, hedge fund vice president Jeff Bezos, 30, quit his job at D. E. Shaw & Co. to found an internet-based bookstore. It launched in July 1995;”

Reasoning

Amazon's 1998 Form 10-K says the company was incorporated in July 1994 and began selling products on its website in July 1995 (E1). Independent accounts agree. E2 reports that it was incorporated as Cadabra Inc. in July 1994 and started selling books on July 16, 1995. E4 says Bezos quit his job in 1994 to found an internet-based bookstore and that it launched in July 1995, and E3 confirms the July 16, 1995 launch. The criteria assign 'mostly true' to this exact pattern: 1995 is a defensible start date for the business, but the company was founded in 1994.

Cite this claim

Jeff Bezos, “Jeff Bezos started Amazon in 1995.” (said 20 September 2018). Verdict: mostly true. Reliability API, claim c_cf38782b51ea, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_cf38782b51ea

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Jeff Bezos, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Jeff Bezos

  1. Resolved true Factual 3 October 2025
    “I started Amazon when I was 30, not when I was 20.”

    Jeff Bezos started Amazon when he was 30 years old.

  2. Resolved true Factual 3 October 2025
    “I finished college and I enjoyed college and I think it’s been helpful to me.”

    Jeff Bezos finished college.

  3. Mostly true Factual 28 August 2022
    “My first job.”

    Jeff Bezos says his first job was at the burger chain shown in the post (McDonald's).

  4. Resolved true Factual 6 August 2022
    “He was an early investor in Amazon and served on our board for 23 years.”

    Tom Alberg was an early investor in Amazon and served on Amazon's board for 23 years.

  5. Mostly true Factual 11 October 2021
    “This was just one of the many stories telling us all the ways we were going to fail.”

    Bezos said this was one of many stories telling Amazon all the ways it was going to fail.

All of them

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