Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
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    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.
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    Yahoo! was originally called 'Jerry's Guide to the World Wide Web'.
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    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
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    Bill Gates, the founder of Microsoft was a college drop out.
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    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.
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    Dell Computers was started by a 19 year old with only $1,000.
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    In Australia, Burger King is called Hungry Jack's.
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