Under Armour's CEO Was "Broke" After Year One. Here's What Happened Next.

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By Alvarez in Business
Updated 3 years ago

In 1995, Kevin Plank founded Under Armour after dreaming of a non-sweaty T-shirt while working out on his football team. The inspiration is classic startup fodder… but one year in, it wasn't going so hot. Plank had $43,000 in personal debt after spending his life savings and $40,000 on credit...

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