Average cost for 1 gigabyte of storage:
40 years ago: $238,000
35 years ago: $48,720
30 years ago: $5,152
25 years ago: $455
20 years ago: $5
15 years ago: $0.55
10 years ago: $0.05
5 years ago: $0.03
Today: $0.01
Here's how old these companies will be turning in 2018:
Snapchat: 7 years
Uber: 9 years
Twitter: 12 years
Facebook: 14 years
Tesla: 15 years
Google: 20 years
Netflix: 21 years
Amazon: 24 years
Apple: 42 years
Intel: 50 years
HP: 79 years
Disney: 95 years
IBM: 107 years
In 1903, Henry Ford’s lawyer was advised not to buy stock in Ford.
“The horse is here to stay,” he was told by a local bank president.
He bought $5,000 worth of stock and sold it in 1919 for $12.5 million.
Age when their business launched?
Jeff Bezos: 30
Oprah Winfrey: 32
Reed Hastings, Netflix: 36
Doris Fisher, Gap: 37
Vera Wang: 40
Eric Yuan, Zoom: 41
Sam Walton, Walmart: 44
Adi Dassler, Adidas: 48
Bernie Marcus, Home Depot: 50
Charles Flint, IBM: 61
Here are their stories 🧵👇
On this day in 2010: Tesla opens first factory (a former GM-Toyota factory)
Valuation (Oct 2010):
Tesla: $1 billion
GM: $46 billion
Valuation (Oct 2019):
Tesla: $59 billion
GM: $52 billion
Jony Ive was born this day in 1967.
Some products he designed include:
2016: AirPods
2015: Apple Watch
2010: iPad
2008: MacBook Air
2007: iPhone
2004: iPod Mini
2002: iMac G4
2001: iPod
2000: G4 Cube
1999: iBook G3
1998: iMac
1993: Newton MessagePad
Things that didn’t exist on Christmas 20 years ago:
iPhone
Facebook
YouTube
Twitter
Instagram
Android
iPad
Gmail
Netflix streaming
Wikipedia
Google Maps
Amazon Prime
App Store
SpaceX
Reddit
Snapchat
Skype
Spotify
Airbnb
Uber
Xbox
Waze
iTunes
Hashtag
Chrome
Tesla
Bitcoin
LinkedIn
A Shark Tank pitch from 2013…
Doorbot tried to raise $700,000.
That would’ve valued the business at $7 million.
There was no deal.
Doorbot later rebranded as Ring.
Amazon bought it for $1 billion in 2018.
In 1973, FedEx had $5,000 in the bank and a $24,000 fuel bill.
Founder Fred Smith couldn’t get a loan fast enough.
He took $5,000 to Vegas and won $27,000 playing blackjack, buying time to raise more money.
Today, FedEx generates more revenue than casinos on the Vegas strip.
Tesla got started 20 years ago.
At the time, it was unclear if the company would ever sell one vehicle.
Last year, it sold more than 1 million.
And this year, Tesla’s revenue may top $100 billion.
Here are 8 influential moments from the past two decades… 👇🧵
Things that didn’t exist when Tom Brady played in his first Super Bowl:
iPhone
Android
Facebook
YouTube
MySpace
Instagram
Tesla
Spotify
Skype
Twitter
LinkedIn
Gmail
Uber
Airbnb
Google Maps
iTunes Store
SoundCloud
Nintendo Wii
Dropbox
Hashtags
SpaceX
Reddit
Fitbit
GoPro
iPad
Elon Musk’s journey:
Age 51: buys Twitter, becomes CEO
Age 45: starts Boring Co
Age 45: starts Neuralink
Age 44: starts OpenAI
Age 32: invests in Tesla
Age 30: starts SpaceX
Age 28: starts X (becomes PayPal)
Age 24: starts Zip2 (sold to Compaq)
Age 19: sells PC’s in college dorm
Revenue generated each hour:
Apple: $29.1 million per hour
Amazon: $26.2 million per hour
Google: $15.6 million per hour
Microsoft: $13.5 million per hour
Intel: $8.9 million per hour
Facebook: $6.4 million per hour
Netflix: $1.9 million per hour
Oprah:
Age 65: $3.5 billion net worth
Age 61: buys 10% of Weight Watchers
Age 56: starts OWN Network
Age 49: becomes billionaire
Age 46: starts O Magazine
Age 34: starts Harpo
Age 32: becomes millionaire
Age 32: starts Oprah TV show
Age 19: first TV job
Jeff Bezos:
Age 57: flying to space w/ brother
Age 49: buys Washington Post
Age 39: survives helicopter crash
Age 36: starts space company
Age 35: becomes billionaire
Age 33: becomes millionaire
Age 30: starts Amazon
Age 22: starts work on Wall St
Age 16: summer job at McDonalds
Jeopardy! episode last week:
Alex Trebek: “Any family members back home cheering you on?”
Contestant Burt Thakur: “I learned English because of you. My grandfather who raised me...I used to sit on his lap and watch you every day.”
On this day in 2009…
Daimler acquired nearly 10% of Tesla.
It paid $50 million…
…for a stake that’d now be worth $55 billion.
Elon has said that deal saved Tesla.
Here’s more on the story… 🧵
Elon Musk was born on this day in 1971.
Age 52: $225 billion net worth
Age 51: buys Twitter
Age 45: starts Boring Co
Age 45: starts Neuralink
Age 44: starts OpenAI
Age 32: invests in Tesla
Age 30: starts SpaceX
Age 28: starts X .com (PayPal)
Age 24: starts Zip2 (sold to Compaq)
The X era has begun at Twitter
Elon Musk says the bird logo will be replaced by an X.
For Musk, it’s the continuation of a story that began 25 years ago.
Here’s a brief history on that... 🧵
Things that didn’t exist when Lehman Brothers collapsed this day in 2008:
Uber
Instagram
Bitcoin
iPad
Snapchat
Apple Maps
Angry Birds
Kickstarter
GoFundMe
WhatsApp
Apple Watch
FB Messenger
Candy Crush
Pinterest
Alexa
Venmo
WeWork
WeChat
Tinder
Twitch
Siri
Square
Stripe
Slack
Revenue generated each hour:
Amazon: $29.0 million per hour
Apple: $24.6 million per hour
Google: $17.8 million per hour
Microsoft: $15.4 million per hour
Facebook: $7.7 million per hour
Intel: $7.6 million per hour
Netflix: $2.3 million per hour
A penny doubled each day for a month:
day 1: $0.01
day 2: $0.02
day 3: $0.04
day 4: $0.08
day 5: $0.16
day 6: $0.32
day 7: $0.64
day 8: $1.28
day 9: $2.56
day 10: $5.12
day 11: $10.24
day 12: $20.48
day 13: $40.96
day 14: $81.92
day 15: $163.84
day 16: $327.68
day 17: $655.36…
Things that did not exist on Thanksgiving 10 years ago:
Uber
Airbnb
Instagram
Snapchat
Bitcoin
iPad
Kickstarter
Pinterest
App Store
Angry Birds
Slack
Siri
Lyft
Google Chrome
WhatsApp
Venmo
Candy Crush
Alexa
Tinder
Stripe
Square
Apple Watch
FB Messenger
Things that didn’t exist when first Game of Thrones episode aired in 2011:
Snapchat
Lyft
Slack
Siri
Twitch
Tinder
Fortnite
Medium
Uber Eats
Apple Maps
Amazon Alexa
FB Messenger
Apple Music
CandyCrush
Microsoft Surface
Tesla Model S
Apple Watch
Google Home
DJI Phantom
Oculus Rift