How much?
On this day in 1903, Henry Ford started his company with 10 investors and how much in startup cash? Was it … A.) $1,800, B.) $13,500, C.) $28,000 or D.) $54,000?
C.) $28,000. In today’s dollars, that’s about $1,000,000.
Amazingly, Ford was down to its last $300 before the first model sold.
Tags: cash, company, Ford, investors, model, startup