1. Home
  2. Did Gutenberg get rich from his invention?

“Gutenberg didn't get rich from his invention. He lost a lawsuit to his investor, Johann Fust, who took over much of his printing business.”

Reference: Encyclopaedia Britannica

More from this shelf

What is an IPO?

Initial public offering (IPO) — The first time a company sells stock to the public. An IPO is a type of a primary offering, which occurs whenever a company sells new stock, and differs from a secondary offering, which is the public sale of previously issued securities, usually held by insiders. Some people say IPO stands for "Immediate Profit Opportunities." More cynicIt's Probably Overpriced."

Another fact