Starbucks aims to be the premier purveyor of high quality coffee while maintaining its values as it grows. It was founded in 1971 in Seattle's Pike Place Market and went public in 1992. Starbucks focuses on customer orientation, employees, and customization. It has high brand recognition and customers with disposable income. While the domestic market is saturated, international markets offer growth opportunities. Starbucks differentiates itself through its variety of products and customers' in-store experience. It charges a premium price and sees its stores as a third place beyond home and work.