Lee had been working at Marvel for under a year when veterans Joe Simon and Jack Kirby found that Martin Goodman had been stiffing them out of royalties on Captain America. The duo should have got 25% of the profits, yet Goodman had been deducting the costs of the entire office from the Captain America deals, making profits much lower than they ought to have been. Shocked, Kirby and Simon quit Timely for National Comics, which later on got to be DC. Goodman then designated the 19-year-old Stan Lee to replace Simon as editor-in-chief.
4. Was Middle-aged And Depressed When He Changed Comics
After World War II, superhero comics endured a shocking decrease in popularity. By 1954, it was just Batman, Superman, and Wonder Woman that could support their particular series. At Timely, all superhero comics were scrapped and Lee kept the company abreast by focussing on wrongdoing, horror and westerns. In spite of these endeavours, the company faced the risk of going bankrupt more than once. In fact, Jack Kirby says he once found Lee crying while men evacuated the workplace furniture. Goodman inevitably made Lee terminate the various employees, including many of his dearest companions. Lee himself felt frightened at the possibility of searching for work with “Silly Seal and Ziggy Pig” on his CV. However, Goodman kept him. Thereafter, when Lee was 39, he wanted to quit since he felt he wasn’t going anywhere. Thankfully, DC had recently reinvigorated superhero comics and gained extraordinary accomplishment with their Justice League group. While trying to duplicate those businesses, Lee and Jack Kirby co-made the Fantastic Four. This was an immense hit that saved the company and changed the history of comics.