Audible's founder talks about selling his company to Amazon for $300 million, bonding with Jeff Bezos, and how he managed to have a 'nontoxic' midlife crisis (AMZN)

Audible

• Audible CEO Don Katz founded the digital audiobook company in 1995, launched with one of the world's first digital audio players.
• The company made it through the late 1990s tech bubble and the death of a CEO Katz hired.
• Katz sold Audible to Amazon in 2008 for $300 million, keeping it largely independent and retaining his role as CEO.
• He shared what he learned from switching careers so late, and why he bonded with Amazon CEO Jeff Bezos.

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Don Katz sounds more like a college English professor than a tech CEO. He's obsessed with literature and writing.

And it's why he started Audible, the audiobook company owned by Amazon, in 1995.See the rest of the story at Business Insider

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