30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story
Hearpreneur
SEPTEMBER 9, 2022
Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals. Eventually, Reddit became wildly popular and was bought by Condé Nast, the owner of 20 other brands and media like Vanity Fair, Vogue, and The New Yorker. When Koum was young, his poor family emigrated to California from Ukraine.
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