Home Success 20 Billion-Dollar Companies That Began As Home Businesses

20 Billion-Dollar Companies That Began As Home Businesses

TristaOctober 9, 2020
This company dominates the tech industry from computers and software to emails and video games – and so much more. Shutterstock

1. Microsoft

Another US multinational tech company that had its beginnings in a garage is Microsoft. In 1975, Bill Gates and Paul Allen joined hands to start designing the infrastructure of Microsoft in a garage in Albuquerque, New Mexico. Both Bill and Paul quit college to therefore devote all their time to developing and programming software.

The garage where Gates and Allen worked together was not spacious enough for even two adults. On top of that, they hardly any resources due to their lack of funding. However, their lack of resources and adequate working space was more than made up for due to their exceptional programming skills.

Paul and Bill exploited their programming expertise to install Microsoft’s first operating system thanks to their skill. After that, they did R&D for more sophisticated and complex software systems.

Today, more than 80% of all workstations and processors run on different Microsoft office applications and suites as a result of their successes. This enables the corporation to rake in annual revenues of approximately $93 billion as a result. Along with Apple, Facebook, Alphabet, and Amazon, Microsoft is one of the ‘Big Five’ companies that dominate the US’s IT sector. From 2010 onwards, this technological giant has become one of the most valuable publicly traded companies worldwide thanks to their success. In 2018, Microsoft deposed Apple by reclaiming its position as the most valuable publicly listed company globally.