Random Business Facts

A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.

9

Cow is a Japanese brand of shaving foam.

-11

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.

47

There's a café in France which charges €7 for a coffee to rude customers and €1.40 to people who talk politely to staff.

17

80% of Publishers' Clearing House $10 million winners did not purchase any magazine subscriptions!

-9

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

Instead of McDonald's tearing down a ~200-year-old Georgian mansion, citizens of a small NY town forced them to renovate it instead, resulting in a uniquely historic franchise location.

7

Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.

5

Random Business Facts

There are 75 Business Facts!