From Bombardier to Tim Hortons, the humble beginnings of large corporations.
Though the IPO of a certain social network may have bombed earlier this year, its stock market flop shouldn’t cheapen what the website has done. Just eight short years ago, Mark Zuckerberg’s brainchild, which we’ll discuss later in this feature, was nothing more than a late-night idea in a Harvard dorm room. Now it’s reportedly worth more than $60 billion and just reached one billion users.
Facebook’s rags-to-riches tale isn’t typical, but it’s not without precedent, either. From Internet darlings to Canadian multinationals, here are the stories behind the beginnings of billion dollar companies.
*All figures in USD.
* Bing: How to start your own business
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July 28 (Bloomberg) –- Bloomberg’s Lisa Abramowicz discusses investing in debt using derivatives with Julie Hyman on “Street Smart.” (Source: Bloomberg)
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