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Faithlife
Faithlife

Not everything lasts forever

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An investor who put $10,000 in Amazon’s initial public offering in 1997 would have nearly $5 million today. Amazon’s valuation of $464 billion is now twice that of Wal-Mart. Putting some perspective on Amazon’s dominance, just 12 percent of the companies on the 1955 Fortune 500 list are still on the…
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