Some of the world’s biggest and best businesses were founded in a garage, shed or a single rented bedroom.
Jeff Bezos started Amazon in his garage. The company is now worth over $300 billion.
Bill Gates and Paul Allen put their programming skills to the test in a small garage to build their first operating system. It was licenced for $80,000. Microsoft is now worth over $400 billion.
Walt Disney launched out of his uncle’s shed; Steve Jobs and Steve Wozniak were regulars in Jobs’ parent’s garage; and Google founders, Sergey Brin and Larry Page, crashed Susan Wojcicki’s (current YouTube CEO) unassuming home storage facility to create Google.
These are just the big name companies we’re all familiar with. Certainly, the topic of companies founded in a garage would make for a 1,000 page book.
That would be part 1. Part 2 could be written about Australian start-ups following a similar path…
Australia’s Vonex (ASX:VN8) is one such start-up.