Motorola
Motorola, the company best recognized for its electronic goods, got its start in Schaumburg, Illinois, long before mobile phones were even a thing. It grew steadily after its debut in 1928 until it hit the pinnacle of its success with flip phones and similar devices. Eventually, Google bought it, only for Lenovo, a Chinese conglomerate, to buy it back in 2014. Google lost money on this deal since it paid $12 billion for the company two years before selling it for $2.9 billion. The mystery behind Google’s willingness to lose $10 billion on this acquisition persists even today.
Burger King
When most people think of fast food, they picture it in the United States. Burger King is one of many locally owned and operated chains. In 1954, David Egerton and James McLamore created the first “Insta Burger King” in Miami, Florida. They had no clue it would become a worldwide brand. For the first time in a decade after that, they were able to exit the business. Since then, it’s had a variety of owners. At the moment, it’s owned by Restaurant Brands International, a Canadian corporation. 3G Capital, a New York-based investment firm, continues to provide financial support for BK.