Time it took to reach $1 billion in revenue: Amazon: 5 years Google: 5 years Apple: 6 years Facebook: 6 years Uber: 6 years Airbnb: 7 years Spotify: 7 years Twitter: 8 years Netflix: 9 years Tesla: 10 years Zoom: 10 years Microsoft: 13 years IBM: 30 years (inflation adjusted)
IBM actually took 45 years. It was created in 1911 by merging 3 existing companies, the most important of which was Herman Hollerith's Tabulating Machine Company, founded in 1896.
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The velocity of money is accelerating with our interconnected world.
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Great history backdrop for how long it actually took. But relatively speaking... going through WWI, WWII, Great Depression, and the value of the dollar vs today likely cut that relative time down quite a bit.
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Without the internet...
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Hollerith's punching cards were supposed to be a gamechanger
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