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Fifteen years ago, Arsen Avakian arrived in the U.S. with $360 in his pocket and a Fulbright scholarship to study business. Today the 35-year-old Armenian-born entrepreneur is the founder and chief executive of Argo Tea, which in 2010 brought in $15 million in revenue from its upscale chain of tea shops in the Midwest and [...]
Teetering on the brink of bankruptcy in the late 1990s, craft beer maker Sam Calagione would occasionally dodge the impatient creditors who called him on a daily basis by telling them that his computer had just caught on fire and he had to hang up the phone immediately. Although sales of his exotic brews — [...]
It might seem foolish for a no-name start-up to compete with Apple’s wildly popular iPad for a sliver of a market that barely exists — tablet computers that display electronic textbooks. But Osman Rashid, co-founder of Kno Inc. in Santa Clara, Calif., is used to tussling with giants. Rashid’s first start-up, textbook-rental site Chegg, took [...]
