Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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
    All 3 founders of Apple worked at Atari before forming Apple.
    49
    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.
    15
    Dunkin' Donuts
    Dunkin' Donuts
    Dunkin' Donuts in South Korea started spraying coffee aroma into public buses every time their jingle played. Coffee sales increased 29%.
    47
    The co-founder and CEO of SnapChat, 23-year-old Evan Spiegel, turned down an offer of $3 billion from Facebook and then a $4 billion bid from Google.
    7
    The creator of the NIKE Swoosh symbol was paid only $35 for the design.
    114
    Dell's first advertisement was made on the back of a pizza box.
    78
    90% of all restaurants fail during their first year of operation.
    48