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  • Nike Paid Only $35 For Its Logo
BUSINESS

Nike Paid Only $35 For Its Logo

January 9, 2023
robert.karnis

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The Nike Swoosh

The world- famous logo was created in 1971 by Carolyn Davidson, a graphic design student at that time.

The founders of Nike did not like it at first, one of them saying “Well, I don’t love it, but maybe it will grow on me.”

In 1983, when the company became successful, the owners gave Carolyn a gold ring and 500 shares of Nike stock. The shares are worth $600,000 today.

IDIOMS
grow on someone (me, you, him, her, us, them): if you like something or somebody more and more than you did at first.

WORDS
maybe: used to show that something is possible.

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