In 1941, Carl N. Karcher, a 24 year old man who had dropped out of school in the 8th grade to work on a farm, and his wife had $15 in cash (about $241 today). They took out an additional $311 loan against their car, and used the money to purchase a hot dog cart. It must not have seemed … Continue reading $311 and a Hot Dog Cart- The Founding of $928 Million Company