2min chapter

Founders cover image

#45 Built From Scratch: How A Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion

Founders

CHAPTER

How Important Equity Is and Now They're Going to Be Rich

The founders sold 41.6 million shares of stock, or more than 2.4 billion worth of stock in the company's IPO. The sale was their first opportunity to become liquid financially and pay off their own personal debts. "This is just going to talk about, you know, for the reason the age is important because they've been basically broke their entire lives," Steve says.

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