Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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
    Yahoo! was originally called 'Jerry's Guide to the World Wide Web'.
    82
    The first product that the toy company Mattel came out with was picture frames.
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    As part of an advertising campaign, Molson, a Canadian beer company, strategically placed 'beer fridges' around Europe that only Canadian passports could unlock.
    11
    Volvo's Overseas Delivery Program
    Volvo's Overseas Delivery Program
    Americans buying a Volvo can get a free holiday to Sweden to test drive their new car. All costs, including airfare and shipment of the car, are covered by the Volvo Overseas Delivery program.
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    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 first female self-made millionaire in America was a black woman.
    4
    Lentil As Anything, a successful Australian restaurant, allows its customers to pay whatever price they feel like paying for the food.
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