🎴 Flashcard Mode
Memoirs of Business Leaders and Entrepreneurs
Card1 / 15
Mastered0
Review0
QuestionClick to flip
In his memoir, Shoe Dog, Phil Knight, the co-founder of Nike, recounts the early struggles and eventual success of the company. What was the initial investment Knight made to start Nike?
AnswerClick to flip back
A
$1,000
💡 Explanation:
Phil Knight started Nike with an initial investment of $1,000, which he borrowed from his father.