this company was founded with investment of $300,000 by jeff basos's cuban stepfather. net sales for fiscal 1997 were $147.8 millions and $838% increase over net sales of $15.7 million reported for fiscal 1996. this year amazon's book warehouses were the... of six football fields. at that time, people realized that a giant had stepped into the world of information technology. jeff bezos used a very simple method to earn money. he found easy way to sell books. he owned large book warehouses. amazon started to ask for small discounts from publishers to have the books and then sell them online. it didn't matter to basel's where you lived. wherever a person had access to the internet, there was a branch of amazon and the book would reach him in the shortest possible time. customers used to buy these books cheaper than other stores. the number of amazon users increased for the same reason. amazon's. served over 17 million customer accounts. customers also used to buy dvds and musical instruments as well. in fact, besos used the book as a drug. people in all around the world