Many startups started in a garage in poor neighborhoods, with minimal capital, skepticism from others, but categorical faith in their idea. Today it is difficult to imagine that once the ideas that conquered half the world were called delusional.
Apple
For a startup invented in a garage in 1976, no one dared to predict the fate of the giant corporation. Even one of the founders, Ronald Wayne, sold his share of the business for just $800. Wayne's stake in Apple would now be worth $35 billion. The corporation set an absolute record during trading on August 2. Its market capitalization has exceeded one trillion dollars. Apple's value has exceeded a trillion solely thanks to Apple gadgets. The three most popular smartphones in the world belong to Apple. iPhone holds 15% of the global market. At the same time, in 2007, when the first iPhone was released, Steve Jobs hoped to get at least 1% of the market.
Airbnb
The service for finding private accommodation for travelers began with a polite refusal and ignoring letters with a presentation of its capabilities. In 2008, many did not believe in the idea of “visiting” a stranger on the other side of the globe, especially through an Internet arrangement. The startup incubator Y Combinator took the risk of believing in the idea, allocating investments of $3.4 billion. By 2017, the company had earned $93 million and helped connect more than 150 million people around the world.
Facebook was launched in a college dorm room in February 2004 by Harvard University sophomore Mark Zuckerberg. Thefacebook.com website, developed on a simple laptop, gave local students the opportunity to register, declare themselves, and post photos and comments on university events and news. The site gained several hundred users literally in the first hours of operation.
Back then, no one imagined that the launched local university network would revolutionize the format of communication and become part of the daily lives of billions. Today Facebook is the most popular social network in the world. The number of users exceeds two billion people, and net income reaches $5 billion per quarter.
Bitcoin
And finally, cryptocurrency. The first fifty bitcoins, mined at the very beginning of 2009 by the Japanese known to us as Satoshi Nakamoto, did not impress the IT specialists of that time. In their opinion, the idea was absolutely futile.
Appearing on the New Liberty Standar exchange, in October of the same year, Bitcoin cost less than one tenth of a cent.. For 1 dollar you could buy 1309 bitcoins. Today, many blame themselves for short-sightedness and consider the lost profits of 2009, looking more and more closely at the crypto industry as a possible future basis of the global financial system.
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