Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
    48
    90% of all restaurants fail during their first year of operation.
    48
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
    5
    Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
    -4
    The creator of the NIKE Swoosh symbol was paid only $35 for the design.
    114
    Amazon sells more e-books than printed books.
    43
    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
    Harrods have three private wells to supply their water!
    -15