B-HIVE Aug 2013 | Page 12

 -­?  Akshita  Agarlal  (BMS  3)   In   1971,   Nike   Co-­?founder   Bill   BowerUan   used   his   wife's   wa?e   iron   to   exReriment   with   the   idea   of   using  wa?e-­?ironed  rGbber  to  create  a  new  sole  for   footlear  that  would  gDip  but  be  light-­?weight.     The  founder  of  FedEx,  Frederick  W.  Smith  once   saved  the  company  by  taking  its  last  $5000  and   tGrLing  it  into  $32000  by  gambling  in  Vegas.   Ed  Cox,  Bom  St  Francisco  invented  scrGb  pads  which   were  named  S.O.S  (Save  Our  Saucepans)  by  his  wife.   In   1917,   he   was   an   aluminum   pot   salesman.   When   Cox   would   intDoduce   himself   to   potential   new   customers  he  would  give  them  a  li^le  steel  wool  pad   as   a   sorY   of   calling   card.   EventGally,   these   pads   became  more  popular  than  the  pans  he  was  tDEing  to   sell  so  he  began  selling  the  pads.   On  average,  Google  has  acquired  more  than   one  company  everE  week  since  2010.