Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Microsoft made $16,005 in revenue in its first year of operation.
    43
    Dead Google's Employees' Families Receive Fantastic Package
    If an employee of Google dies, their spouse will receive half their pay for 10 years as well as stock benefits, and any children will receive $1000 a month until they turn 19.
    74
    CEO takes over company worth $9m, fires management, gives power to employees, and now makes over $200m
    Ricardo Semler, a CEO in his twenties, took over a company worth $9m, fired most of the management, and gave the power to the employees. It now has a turnover of over $200m.
    16
    A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
    12
    There is no tipping at restaurants in Japan.
    93
    Harrods have three private wells to supply their water!
    -15
    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
    10
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    7