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Pinterest: The Founding Story

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Evan Sharp, Ben Silbermann and Paul Sciarra, the founders of Pinterest weren’t child prodigies. They weren’t being chased down the Wall Street by investors. They weren’t being hounded by potential take over bids. In fact, when they started out, no one really liked them. Raised by doctors, Ben Silbermann figured he would follow the same path as his parents. He even went on to study medicine at Yale Univeristy. However, he realised very soon that medicine wasn’t his passion or dream.

Pinterest officially came to be in the year 2010. Three months after, the online image sharing platform only had around 3,000 registered accounts. In the world of social media boom, the 3,000 users wasn’t a commendable number. However, Silbermann capitalized on these users and focused on a model which helped Pinterest grow into the phenomenon it is today.

In a lot of ways, Pinterest was the exact opposite of Facebook, Twitter and Snapchat, everything which was hot at the time. Unlike these platforms, Pinterest focused on curating only images and not on real time content. One of the major reasons this image platform became such a huge success was that in the beginning, the users would hold regular meetings with their limited users. While this in itself was an unusual practice, what helped the platform grow was the online network’s ability to absorb the changes given by their users.

Pinterest also started a new campaign called Pin It Forward. According to this, users could create a pinboard and get more invites by getting friends to create pinboards. One of the major reasons for Pinterest’s outstanding leap to success is the company’s constant work at connecting with its users. They spoke to them on a regular basis and this connect helped form a strong bond even eight years after the platform launched.

What started off as a hobby for Ben Silberman, turned into a full time occupation for more than a 100 million users around the world. While Pinterest’s growth was rocky in the beginning, the company took off with a bang and according to several trade analysts, the online image sharing and buying platform is on its way to surpass existing giants like Facebook, Twitter, Snapchat and Instagram!

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Louis Vuitton Unknown Facts

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Founded in 1854, the French fashion powerhouse Louis Vuitton rose to become the world’s most valuable luxury brand.  Known for never having any of its product on sale, it is one of the most counterfeited brands in the world.  

 

With its CEO Bernard Arnauld being declared world’s second richest man with a net worth of $ 108 billion, let’s look at some unknown facts about Louis Vuitton.

 

Unknown facts about Louis Vuitton 

1) The founder of the luxury brand, Louis Vuitton, was the personal box maker and packer of Napoleon Bonaparte’s wife Empress Eugénie de Montijo.

2) The famous monogram of Louis Vuitton was created to fight counterfeit ones and served as inspiration for surreal artist Salvador Dali’s La Toile Daligram.

 

3) The most famous creation by the brand, Speedy, was originally launched as a travel case.  It got its popularity after American icon Audrey Hepburn requested Vuitton to make a custom mini Speedy for her.

4) Mikhail Gorbachev, the last president of the U.S.S.R., once posed for a Louis Vuitton ad campaign.

5) American rapper Kanye West has mentioned Louis Vuitton more than 19 times in his songs.

 

6) Known for creating luxury bags and accessories, Louis Vuitton once created a collection of luxury pens.  It also sells scrapbooks for people with extravagant taste.

 

7) The bags and jewellery of Louis Vuitton go through an intense durability test before being released to the public.  Louis Vuitton bags are subjected to UV rays in an effort to increase the bags’ resistance to fading.

8) After every season, the unsold Louis Vuitton products are sent back to its factory in France and are shredded or burnt, in order to maintain the item’s value.

 

Considered one of the top luxury brands in the world, Louis Vuitton currently has a brand value of $ 47.2 billion.

 

Comment and let us know which of these facts impressed you the most.

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Rupert Murdoch Unknown Facts

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Rupert Murdoch is an Australian born businessman and the founder of News Corp, who turned media into a lucrative business empire.  With holdings in The Wall Street Journal, HarperCollins, Fox News and 20th Century Fox, Murdoch is one of the richest people in the world.  Here are some unknown facts about the media mogul who is considered the inventor of the modern tabloid.

 

Unknown facts about Rupert Murdoch

1. As an ambitious 7 year old, Rupert Murdoch would hunt water rats for their skin and manure, which he would then sell for sixpence in his town.  He would use his earnings to gamble in school.

 

2. Murdoch was an excellent cricket player and led his school’s cricket team to National junior finals.

 

3. His journalism career began with the Adelaide News, which he took over after the death of his father at the age of 22. Rupert Murdoch transformed the failing business into a successful newspaper.

 

4. He once counter bid for a New Zealand local newspaper, The Dominion, at the spur of the moment during a vacation and ended up winning the bid.

 

5. He was once declared dead by his own newspaper, The Sun, after digital vigilante groups Anonymous and LulzSec hacked into the newspaper website and published an article, claiming Murdoch died because of drug overdose.

 

6. He has appeared in two episodes of the hit series The Simpsons and his entrance line was “I’m Rupert Murdoch, the billionaire tyrant, and this is my skybox.

7. Murdoch has a bad intuition towards social media, which was proven when Myspace, which Murdoch bought for $ 580 million, had to be sold due to its poor performance.  He also passed a chance to buy Twitter and warned investors against investing in it. 

 

8. He was awarded a papal honour award, Knight Commander of the Order of Saint Gregory the Great, by John Paul II in January 1998.

 

9. He once launched world’s first iPad only daily newspaper app, named The Daily.  Murdoch invested $ 30 million in building the app. The app eventually shut down as the company started losing money after the launch.

 

10. He was inducted into the TV Hall of Fame in 2014 for launching Fox Broadcasting Company and changing the television landscape with shows like The Simpsons and The X-Files

With a career spanning almost 6 decades, Rupert Murdoch saw many failures and controversies, but overcame them all and is now worth $ 21.9 billion.

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Women Scientists Turned Entrepreneurs

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There are hundreds of innovations and discoveries born in the field of science and engineering every year in universities around the world.  However, only a few of them are able to make it into commercial ventures. Today, we will be looking into women who turned their groundbreaking research into successful businesses.

 

1) Nina Tandon

Nina Tandon is a biomedical engineer and co founded the company Epibone.  The main aim of the Company is to develop technology to develop bone reconstruction solution through stem cells.  The Company creates bone tissues from a patient’s stem cells and grows them in vitro for use in bone grafts. Tandon serves as the CEO of Epibone and is also an adjunct professor of electrical engineering at the Cooper Union in New York.  Tandon was named a TED Fellow in 2011 and a senior TED Fellow in 2012.  In 2013, she received an award at the Marie Claire’s Women on Top Awards.

 

2) Anuradha Acharya

Anuradha Acharya is the founder and CEO of Mapmygenome, a company which focuses on preventive healthcare options through genome sequencing.  She also founded another company called Ocimum Biosolutions, a genomics outsourcing company for discovery, development and diagnostics. In 2015, Mapmygenome made news for raising funds worth $ 1.1 million from a group of investors.  Acharya was awarded the Entrepreneur of the Year award by the magazine Biospectrum in 2008.  Her name was included in the 2018 W-power trailblazers by Forbes.

 

3) Sinead O’Sullivan

An aerospace engineer, Sinead O’Sullivan specialises in space technology and is currently  the CEO of Avioptix, a company which captures, stores and analyzes real time data from satellites, drones and ground robotics.  Her Company created the first ever platform to crowdsource drone data. Avioptix tailors their insights to the needs of their clients, supporting agriculture, oil and gas, insurance and NGOs.

4) Rana el Kaliouby

Rana el Kaliouby is a computer scientist and the co founder and CEO of Affectivia.  Affectivia is an emotion measurement technology company which develops software to recognize human emotions based on facial expressions and physiological responses.  As a research scientist at MIT, her initial focus was on ways to improve human-computer interaction, but she quickly realised the possibility of using the technology to improve human to human interaction, especially for those affected by autism.  She was inducted into the Women in Engineering Hall of Fame and was mentioned in Forbes America’s Top 50 Women in Tech 2018.

These women serve as perfect examples and inspiration for women working in the STEM field to grow their research into a business empire.  If we missed mentioning any such women scientists who turned into entrepreneurs, comment and let us know.

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