What Successful Companies Started in a Basement?

JES Foundation Repair Tech and Other Successful Companies That Started in PARENTS' BASEMENTS Company Value Kaplan 1938 KAPLAN Stanley Kaplan began tutoring immigrant families in the basement of his parents' Brooklyn house. $1.5 billion Yankee Candle 1960s YANKEE Michael Kittredge Il experimented with CANDLE making candles from melted crayons in his parents' basement. $1.75 billion BASIC programming language 1964 The first program was run in the basement of Dartmouth College. N/A Virgin Group 1966 Sixteen-year-old Sir Richard Branson's first business was run out of his co-founder's $4.7 billion parents' basement. Martha Stewart Living 1976 $175 million Living Martha Stewart started a catering business in her Connecticut basement. SoftKey 1986 Started in Kevin O'Leary's basement in Toronto. $5.7 billion today Soft key Melissa & Doug 1988 Melissa e Doug. Started in the couple's basement in Connecticut. $400 million Fortnite/Epic Games 1991 Tim Sweeney built his first computer game in his parents' basement in Potomac, Maryland. EPIC $15 billion GAMES Fubu 1992 The founders were making hats in the basement of Daymond John's mother's house in Queens. $6 billion FUBU Amazon 1995 $1 trillion amazon Jeff Bezos was operating out of a 2,000- square-foot basement warehouse in Seattle. Under Armor 1996 Kevin Plank started the business in his $3.5 billion UNDER ARMOUR grandmother's basement in D.C. Qualtrics 2002 qualtrics The Smith brothers started the company in their parents' basement in Utah. $11.1 billion Voltage Security 2002 Voltage Three co-founders started the company in a basement at Stanford. $39 million security Freshbooks 2004 FRESHBOOKS McDerment worked from his parents' cloud accounting basement in Toronto for the first 3.5 years. $258 million Mashable 2005 $50 million Mashable Cashmore started the company in his parents' basement in northern Scotland. Bold Commerce 2012 bold The co-founders started the company from their basements in Winnipeg. $16.5 million Cards Against Humanity 2012 The first game was played by college friends at a New Year's party in their parents' Chicago basement. Cards $12 million Against Humanity RXbar 2013 $600 million RXBAR The co-founders made the first bar in their parents' Illinois basement. Boolean Girl Tech 2016 To ship the first order, the founder started an $200,000 lean GirLTECH, assembly line in her Arlington, VA, basement by hiring her 16-year-old daughter's friends. JES Foundation Repair Source:

What Successful Companies Started in a Basement?

shared by wursti on May 01
For many entrepreneurs, basements are a place of possibility. They’re where companies are founded, where innovators work on ideas, and where startups grow their inventory. Yet in the lore of succe...




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