Economy
The first company to reach a $1 billion valuation
HERE’S THE INTERESTING PART
Back before tech companies reached trillion-dollar valuations just by selling our personal data, real economic milestones were built on heavy metal and brutal labor. In 1901, J.P. Morgan merged several massive steel companies to create an unprecedented monopoly that controlled two-thirds of American steel production. Proof that the quickest way to a billion dollars is violently crushing competition.
One discovery leads to another.
Keep exploring facts in this topic.
Economy →
