Video: Why Amazon acquired Zappos for $850 million

Here’s Jeff Bezos of Amazon.com on video and he’s sharing with us what he has learnt as an entrepreneur and why he has made the decision to acquire Zappos - a leading online footwear retailer for almost $850 million ($807 million in stocks and $40 million in cash).

Zappos.com ‘ CEO has recently made an official annoucement to all its employees - the letter can be read here.