Home Depot Co-Founder Bernie Marcus Passes Away at 95
Bernie Marcus, co-founder of The Home Depot, exemplified entrepreneurial spirit by refusing a venture capitalist's $3 million investment due to unreasonable demands, despite the company's dire financial need. His unwavering vision and commitment to customer satisfaction and employee equity led to The Home Depot's massive success, transforming an initial $3 million investment opportunity into a $12 billion missed chance by the late 1990s, and a current market cap of $400 billion. Marcus's legacy includes creating thousands of millionaire associates through an employee stock ownership plan.
