3min chapter

Acquired cover image

Nike

Acquired

CHAPTER

Nike's Swooshing Away

The company was basically built on debt financing and this 22 million in the bank from IPO. Michael Jordan saved Nike absolutely 100%. The characters involved in how it all went down and what the deals were are almost all wrong. But 1984 was also the seed of something pretty incredible that would make everything that happened before look like child's play.

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