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Q: Business success stories ( Answered 5 out of 5 stars,   3 Comments )
Question  
Subject: Business success stories
Category: Business and Money
Asked by: virginicon-ga
List Price: $200.00
Posted: 16 Jun 2004 17:24 PDT
Expires: 16 Jul 2004 17:24 PDT
Question ID: 362182
I would like to know the top ten fastest companies to hit one billion
dollars in sales revenues, and how long it took each of them to reach
that total from the time the company was launched.  thanks.

Clarification of Question by virginicon-ga on 17 Jun 2004 14:38 PDT
I am referring only to US based companies and those that are listed...
Answer  
Subject: Re: Business success stories
Answered By: belindalevez-ga on 10 Jul 2004 12:37 PDT
Rated:5 out of 5 stars
 
<Top ten fastest listed companies to reach $1 billion in sales revenue:

1. Apple Computer Inc. ? 5 years
2. Sun MicroSystems ? 6 years
3. BEA Systems ? 6 years
4. Primus Communications ? 6 years
5. Nvidia ? 7 years
6. Ebay ? 7 years
7. Siebel Systems ? 7 years
8. Excel Communications ? 8 years
9. FedEx Corporation ? 9 years
10. Cisco Systems ? 10 years


--------------------------------------------
References:

1.
Apple Computer Inc.
5 years.
The company is listed on the New York Stock Exchange
Incorporated January 3, 1977
http://phx.corporate-ir.net/phoenix.zhtml?c=107357&p=irol-faq#corpinfo1

December 1982: Apple Computer reaches $1 billion in annual sales.
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/1996/02/05/BU45795.DTL&type=tech_article

Apple reaches sales of $1 billion
http://www.icwhen.com/book/the_1980s/1982.shtml

Apple becomes the first personal computer company to reach $1 billion sales.
http://www.macmothership.com/timeline.html

-----------------------------------------------
2.
Sun MicroSystems
Founded 1982
According to the company?s website, they reached $1 billion in revenue by 1988.
Time to reach the $1 billion mark: 6 years
http://www.sun.com/aboutsun/coinfo/history.html
http://66.102.11.104/search?q=cache:ajh17OdPL6MJ:www.ece.uwaterloo.ca/~ece427/cur/hos/solaris-intro.pdf++%22apple+computer%22+%22reaches+%241+billion%22+revenue&hl=en
-----------------------------------------------------------
3. 
BEA Systems
Time to reach $1 billion - 6 years
Founded in 1995. Reached sales of $1 billion in 2001.

References:
Feature on ZD Net from the Wall Street Journal Online, October 31, 2001.
http://zdnet.com.com/2100-1104_2-530995.html

BEA website
http://www.bea.com/framework.jsp?CNT=homepage_main.jsp&FP=/content

About BEA
BEA achieved $1 billion revenue faster than any other software company.
http://www.bea.com/framework.jsp?CNT=corporate.htm&FP=/content/about/corporate

------------------------------------------------------------
4.
Primus Communications
http://www.primustel.com/index.html

Reached $1 billion in 6 years
Established 1994

An article on The Motley Fool site ?Stocks Fools Love? by Bill Mann,
February 8, 2000, reports that Primus sales surpassed $1 billion.
http://www.fool.com/specials/2000/sp000208sfl2.htm?source=EDSP

Primus reports that their sales were over the $1 billion mark for the
first time in 2000.
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=PRTL&script=410&layout=9&item_id=151319


------------------------------------------------------
5.
Nvidia 
http://www.nvidia.com/page/companyinfo.html

Nasdaq: NVDA

According to The Pratt Press, November 2003, Nvidia reached $1
billion, 7 years after foundation.
http://www.pratt.duke.edu/Newsletter/Issue20/story97.html

According to Looksmart, Nvidia beats Broadcom  and Cirrus Logic
records for becoming the fastest company to reach $1 billion revenues.
http://www.findarticles.com/p/articles/mi_m0EKF/is_49_48/ai_94982464

Nvidia was founded in 1993.
http://www.nvidia.com/object/1993_timeline.html

Nvidia saw only victories in 2001.
Nvidia was the fastest semiconductor company to reach $1 billion in revenues.
http://www.infosatellite.com/news/2002/01/a020102nvidia_top.html

----------------------------------------------------
6.
Ebay founded 1995
7 years to reach $1 billion in sales.
According to a report on SiliconValley.com by Mary Anne Ostrom,
?Holidays boost ebay ?02 profit over $1 billion?, ebay sales hit $1
billion in 2002,  7 years after the company was founded.
http://www.siliconvalley.com/mld/siliconvalley/4966488.htm



-----------------------------------------------
7.
Siebel Systems
7 years to reach $1 billion.

Business Week Online has a feature about Thomas M. Siebel which states
that Siebel Systems Inc. passed the $1 billion mark in just 7 years.
http://www.businessweek.com/2001/01_02/b3714005.htm

According to the Siebel website the company was founded in 1993.
http://www.siebel.com/about/investor_information/financial_overview.shtm#6

Software Success by Dan Carr on the Collaborative site.
Siebel reaches $1 billion sales in 7 years.
http://216.239.59.104/search?q=cache:9dHKeuHx5FQJ:www.collaborative.net/articles/venturing_apr2002.cfm+%22reaching+%241+billion+in%22+fastest&hl=en&start=23
------------------------------------------------------
8.
Excel Communications
Founded in 1988. Traded on the New York Stock Exchange: ECI

According to the company website, Excel hit $1 billion in revenues within 8 years.
http://w3.excel.com/us/AboutUs/Excel_History.asp

Excel ? Vartec in the News.
Inc. 500 - Excel takes 7  years to hit $1 billion. 
http://www.bobcatstudios.com/ExcelCredibility.html
--------------------------------------------
9.
FedEx Corporation
Traded on the New York Stock Exchange.
http://www.fedex.com/

According to the FedEx site the company reached $1 billion revenue in
it?s ninth year of existence.
http://www.fedex.com/us/about/today/history/timeline.html

According to the Motley Fool, Fedex was established in 1973 and
reached annual sales of $1 billion in 1983.
http://www.fool.com/news/foth/2000/foth001204.htm

---------------------------------------------------
10.
Cisco Systems
10 years.
Founded 1984.
According to the Cisco website, in 1994 Cisco surpassed the $1 billion
revenue mark.
http://newsroom.cisco.com/dlls/corporate_timeline.pdf>


<Search strategy:>

<"reaching $1 billion in" fastest>
<://www.google.com/search?q=%22reaching+%241+billion+in%22+fastest&hl=en&lr=&ie=UTF-8&start=0&sa=N>

<"reaching $1 billion" " fastest growing">
<://www.google.com/search?hl=en&lr=&ie=UTF-8&q=%22reaching+%241+billion%22+%22+fastest+growing%22>

<"reached $1 billion" " fastest growing">
<://www.google.com/search?hl=en&lr=&ie=UTF-8&q=%22reached+%241+billion%22+%22+fastest+growing%22>
<"reaches $1 billion" " fastest growing">
<://www.google.com/search?hl=en&lr=&ie=UTF-8&q=%22reaches+%241+billion%22+%22+fastest+growing%22>

<"$1 billion mark" " fastest growing">
<://www.google.com/search?hl=en&lr=&ie=UTF-8&q=%22%241+billion+mark%22+%22+fastest+growing%22>


<Hope this helps.>
virginicon-ga rated this answer:5 out of 5 stars and gave an additional tip of: $50.00
wow...  great job.  i really appreciate not only the list but the
references as well.  thanks so much...

Comments  
Subject: Re: Business success stories
From: tiger1106-ga on 17 Jun 2004 12:50 PDT
 
Are you looking for US Companies....and I assume Only Listed Companies right
Subject: Re: Business success stories
From: tiger1106-ga on 17 Jun 2004 12:55 PDT
 
There are Like 2000 Companies in the US who have a billion dollar in
Sales / Revenue as of this time....
Subject: Re: Business success stories
From: virginicon-ga on 17 Jun 2004 14:37 PDT
 
I am only looking for US based companies... I do realize there are
lots of companies with greater than one billion dollars in sales: I am
looking to get a list of the top ten who made it to a billion dollars
in the shortest amount of time from when they were launched as a
business.  I would also like to know how long it took each of the top
ten fastest to get to a billion dollars in sales.  and yes, only
listed companies...

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