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Business War: Dow Chemical Company

David vs Goliath: How Herbert Dow Took on the Chemical Cartels and Won. In what is possibly one of my favorite "business war" anecdotes, this video explains how Herbert Dow founded the Dow Chemical Company while facing crushing competition and predatory pricing tactics from chemical cartels in Europe. The cartels were so strong that all other American chemical manufacturers failed. Dow alone persevered, and how he pulled it off is fascinating. This is a true David and Goliath story, where Goliath is a German Cartel of Chemical Manufacturers and Herbert Dow, founder of Dow Chemical, is the tiny human. Empire Builders: How Michigan Entrepreneurs Helped Make America Great https://www.amazon.com/Empire-Builder... STORIES: Warren Buffett's First Due Diligence Question | Nebraska Furniture Mart Acquisition    • Warren Buffett's First Due Diligence Quest...   How John Malone Creatively Blocked Hostile Takeovers    • How John Malone Creatively Blocked Hostile...   Favorite LOI Negotiation Story    • Private Equity Letter Of Intent Negotiatio...