Toys R Us shut down mainly because it owed $5 billion in debt, which cost them $400 million each year just to keep up with payments. The company had 1,697 stores when it filed for bankruptcy – more than at…
Business movies pack more than entertainment value – they deliver powerful lessons about success, leadership and entrepreneurship through compelling stories. The best business films teach strategies you can apply to your ground career and ventures directly. Critics and audiences love…
Digg’s story reads like a classic Silicon Valley cautionary tale. The platform once graced BusinessWeek’s cover with the headline “How This Kid Made $60 Million in 18 Months” and reached a $160 million valuation. Now it stands as a reminder…
ByteDance merged Musical.ly and TikTok into one unified app on August 2, 2018. This came after ByteDance bought Musical.ly for about $1 billion in November 2017, which became one of the most important changes in social media history. Musical.ly had…
Shark Tank’s rejected pitches often hide surprising success stories behind their original “no” from the sharks. Regular startups face a 90% failure rate, but Shark Tank businesses perform better with only 6% failing compared to the typical 70%. Most contestants…
The United States sees more than 300,000 new businesses launch every quarter. Sadly, 90% of these startups don’t survive their first five years. A strong brand isn’t just another design element – it could mean the difference between your company’s…
Vinted earns money from buyer protection fees instead of charging seller commissions. The secondhand clothing marketplace has grown to 105 million users in more than 20 countries. Their innovative e-commerce model moves costs from sellers to buyers. The company’s business…
Robinhood generated $2.95 billion in revenue in 2024 through payment for order flow. This represents a 58.2% increase from the previous year. The financial app that transformed investing with commission-free trading posted $1.4 billion in net profit – its first…
George Soros stands as one of the most successful investors in financial history. His reputation rests on an uncanny ability to spot market imbalances before others—a skill that turned him into a billionaire. The most famous example? His $1 billion…
Text messaging has become the center of our daily communication. It’s where abbreviations thrive and new slang emerges constantly. For brands and individuals trying to stay current, understanding these evolving terms is essential. ONB is one of those versatile text…
