Private companies that control prison phone calls charge over a $1/minute, apply large connection/usage fees…and work to ban inmate visitation.
Best Buy used to have a fake internal website that looked exactly like their actual internet website, but with marked up prices, so they could price gouge in-store customers.
A man named Robert Wiggen, who spent 3 years in prison, started a website that posts mug shots taken from police department websites and makes them easily searchable on sites like Google and then charges money to have the images removed. His own mug shot is absent from the site.
Elvis’ manager sold “I Hate Elvis” badges to make money from those who otherwise wouldn’t have parted with their cash for Elvis merchandise.
Tech companies often test new products in New Zealand because they’re an ethnically diverse, tech-savvy, and English-speaking nation, yet still relatively isolated. If a product is a flop there, news is unlikely to spread quickly to the rest of the world and damage a company’s reputation.
Dick’s Last Resort, an American bar and restaurant chain, encourages the staff to act obnoxiously towards their customers. The restaurant has its origins in the owners’ original opening of a “fine-dining” establishment. The establishment was a failure, which resulted in bankruptcy. Rather than continue with the upscale restaurant motif, the owners retooled their efforts and decided to “go sloppy”. The end result was a success, leading to the creation of six additional locations.
In 1961 James Monaghan co founder of Domino’s pizza traded his 50% stake in the company to his brother Tom for a used Volkswagen, Tom went on to sell his 97% for 1 billion.
There is a restaurant in Pittsburgh, the Conflict Kitchen, that only serves cuisines from countries that the US is in conflict with. When they started serving Palestinian food, they received death threats.
Snapchat founder Evan Spiegel’s networth is $1.5 billion at the age of 24, making him the world’s youngest billionaire.
In 2000, Blockbuster Video turned down a chance to purchase a one-year-old company called Netflix for $50 million.