2min chapter

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#300 James Dyson (Against the Odds)

Founders

CHAPTER

The Power of Selling Equity

James Dyson is the co-founder and CEO of vacuum cleaner company Dyson. He has been trying to create his own brand for more than a decade but was unable to find an investor. The Lloyd's of London eventually lent him 750,000 dollars before he had to put up his house as collateral yet again. James now owns 100 per cent of Dyson after selling off equity in order to raise money from potential investors.

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