Russell Wilson, Seattle Seahawks quarterback and Super Bowl champ, is now a tech and media entrepreneur -- and he's got some deep-pocketed business partners.Wilson is the founder and exec chairman of TraceMe, which has released the beta of an app designed to connects fans with their favorite celebrities, athletes, and artists.TraceMe has raised $9 million in Series A funding, led by venture-capital firm Madrona Venture Group, along with a number of individual investors including Amazon CEO Jeff Bezos (through his...
Amazon has long been the top online retailer in the world, but Bezos hasn’t been content to rest on his e-commerce laurels. He has been making high profiles moves in content distribution and production with Amazon Video, currently available to stream in over 200 countries, and Amazon Studios, which has a growing slate of original original series, as well as a pair of strong feature awards season contenders, “Manchester by the Sea” and “Paterson.”
Less heralded is the fact that Bezos has established the company as the world’s No. 2 cloud computing provider via its Amazon Web Services division, which has a list of clients that includes streaming video competitor Netflix.
Bezos has driven Amazon to a $500 billion market capitalization in mid-2017, and some analysts say it could hit $1 trillion by 2020. At the same time, his personal worth has gone as high as $90 billion, making him No. 1 on Forbes’ list of wealthiest people in the world for a brief time and giving him the financial wherewithal to gamble on old media investments like The Washington Post, purchased in 2013 for $250 million in cash. He’s also put money into more forward-looking, transformative business ventures such as Google (he was one of the first investors), Twitter, Uber and Airbnb.
After losing e-commerce supremacy in China to Alibaba, Bezos refocused its international ambitions on Amazon India, which he gave a $3 billion cash infusion in 2016, bringing the total investment in the division to $5 billion.
After more than two decades spent siphoning business away from traditional retailers, Amazon opened its own brick & mortar outlets, Amazon Go, a convenience store that let customers make their purchases without standing in a checkout line. Bezos doubled down on retail in July 2017 with his $13.7 billion pending acquisition of Whole Foods.