Business Facts

    Random Business Facts

    There are 75 Business Facts!

    7-11 sells 10,000 pots of coffee an hour, every hour, every day.
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    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
    -3
    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
    23
    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
    The first product that Sony came out with was the rice cooker.
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    Yahoo! was originally called 'Jerry's Guide to the World Wide Web'.
    82
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
    5
    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
    74