Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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.
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    Blockbuster laughed at a Netflix partnership proposal in 2000.
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    In most advertisements, the time displayed on a watch or clock is usually 10:10.
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    20% of tuxedo rentals take place in May.
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    McDonald's serves 75 hamburgers every second, according to the company’s Operations and Training Manual.
    5
    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.
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    John Mackey (Whole Foods CEO)
    John Mackey (Whole Foods CEO)
    In 2006, the CEO of Whole Foods reduced his salary to $1 a year, donated his entire portfolio to charity, and set up a $100,000 fund for staff facing personal problems.
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    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
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