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- Early Morning Byte - March 13th, 2023
Early Morning Byte - March 13th, 2023
Good Things Come in Pairs | Your Early Morning Byte
Early Morning Byte | March 13, 2023
Good Morning. There are multiple ways for companies to strike gold and make it big. The obvious is quite literally striking gold and having a killer IPO like Microsoft did in the 1980s. Another way for companies to gain tremendous value is by hiring rockstar employees. As the saying goes, "a company is nothing more than its people," and with the right people, nothing is impossible.
- Josh Koszalkowski
USAA Appoints Two New CIO SVPs
The insurance powerhouse added two new CIOs to lead its digital-first approach and help future-proof the company to serve the military community for another century.
By Joshua Koszalkowski, Contributing Writer
TECH TIME TRAVEL
Microsoft Goes Public
March 13, 1986 - Just ten years after the founding of Microsoft Corporation, the company's stock went public. The initial shares were priced at $21 each, increasing to $35.50 by the end of the day. Called the "deal of the year," the company sold 2.5 million shares on the first day, resulting in $61 million raised. Ten years after the IPO, by 1996, Microsoft's stock jumped over a hundredfold in value. Today, Microsoft has just over $1.8 trillion in market capitalization.Read more about Microsoft going public.
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