Blizzard was founded thanks to a $15,000 loan

Mike Morhaime, CEO and President, helped found the studio using a loan from his grandmother.



Read more on Blizzard's Origin story.

Pretty cool story and quite the risk that his Grandmother took. Gaming was very niche back then, not the powerhouse of entertainment it is today.

hmmblah said:

Pretty cool story and quite the risk that his Grandmother took. Gaming was very niche back then, not the powerhouse of entertainment it is today.

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I agree, especially looking at it today. Being one of the biggest studios in the world and the company having a net worth of over $37 billion dollars! Who would have thought that the $15,000 loan would be the start of creating a company that is now, about 20 years later, worth billions?

And also Mike Morhaime having a net worth of $1.8 billion dollars. I wonder what his grandmother thinks now, that her grandson has become/is a billionaire ^_^