DID YOU KNOW !
The New York Stock Exchange (NYSE) was once a coffee shop
Yes, Before NYSE was established stock brokers, buyers and sellers used to meet in coffee shops of New York to do stock transactions
Later in 1817, NYSE was established offic
In 2024:
> Visa made $39.4B - owns no banks
> Spotify made $17.2B - owns no music
> Expedia made $13.7B - owns no hotels
> Lyft made $5.7B - owns no cars
Lesson? Be the middleman.