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21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Durant lost control of GM to a bankers' trust just two years later, in 1910, due to enormous debt and a crumble in automobile sales. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. General Motors comeback is by far the most striking success story in business turnarounds.

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Looking Back On Our First Couple Years at NextView

Rob Go

One of the earliest things we did at NextView when my partners and I started working together was go away as a team to the New Hampshire mountains. Late last week, I wanted to take a step back and review what has transpired the last two years. At the time, I think we didn’t even had a name for the fund.