An American investor, business magnate, author and philanthropist, Bill Gates has all those qualities a perfect entrepreneur must possess. It was in 1975 when Bill Gates and friend Paul Allen co-founded Microsoft, and this became the largest PC software company in the world.
Bill Gates in his career at Microsoft held a prestigious position as the Chairman and CEO of the company. Gates is considered one of the best-known entrepreneurs of the personal computer revolution. He has been criticized for his business tactics which have been considered as anti-competitive.
It was in 2009 when Bill Gates started The Giving Pledge along with Warren Buffet, whereby they and other billionaires pledge to give away half of their wealth to philanthropy. He stepped down as the Chairman of Microsoft in February 2014 and took a new post of Technology Advisor to support the then newly appointed CEO Satya Nadella.
Bill Gates is currently the richest person in the world with an estimated net worth of $ 86.9 billion as of April 2017.
Watch his inspiring video down here:
Influential Women In The Entrepreneur World
Gone are the days when women were meant to be only in the kitchen. This current generation the world over, is recognising women in a way that has not been done before. They have become so empowered, they are poised to take over the world with renewed spirit and vigour! Celebrating women every day, here’s taking a look at the most influential in the startup and tech world!
1. Oprah Winfrey
Oprah Winfrey is the founder of not one but three startups! Founder of the Oprah Winfrey Network (OWN,) Harpo Productions and the Oprah Winfrey Leadership Academy for Girls. Known for being a TV personality and director apart from a philanthropist, Oprah’s touched the hearts of people all over the world and incidentally, she stands at a net worth of $ 2.9 billion!
2. Kiran Mazumdar Shaw
India’s richest self made woman, Kiran Mazumdar Shaw has proved if you put in the effort required, you can get what you want and more from life. With a net worth of $ 3.9 billion, Shaw founded the biopharma firm Biocon (1978,) a company which treats autoimmune diseases, diabetes and cancer.
3. Sara Blakely
While Sara Blakely may have started off as a door to door fax machine sales person, she is now one of the most successful entrepreneurs in the world. Her invention of clothing (Spanx) to wear under slacks became so widely accepted, its become a standard piece of clothing in everyone’s wardrobe. Post the creation of Spanx, Sara’s net worth stands at a cool $ 1.01 billion!
4. Weili Dai
An immigrant from China, Weili Dai came to the United States with a dream in mind and a plan in hand. Dai founded the $ 2.3 billion worth Marvell Technology in the year 1995, after working as a software technician. Her net worth stands at $ 770 million.
5. Richa Kar
Founder of the online lingerie store Zivame, Richa Kar was perhaps one of the first people in India to revolutionize the way women bought lingerie. Furthermore, the online platform has played a role in educating women across the country about intimate wear and shaping consumer behaviour.
With so many enterprising women in the world, it stands to see the men are going to soon take a back seat. All hail equality!
Reddit And How It Came To Be
For the uninitiated, Reddit looks like a mess filled with text links, comment threads, points, upvotes and downvotes. At best, the posts seem countless, large, unruly and totally random. To explain how Reddit works, think of the platform like your Universe: a single place where all your information can be collated onto a single and easily accessible platform.
If your next question is what makes it different from Twitter, then it is the basic fact that unlike Twitter, the stream of content is curated by the Reddit community. Items of value are “upvoted” and those deemed unworthy are “downvoted.” This determines a post’s position on the site and items that hit the front page are seen by hundreds of thousands of people (consequently, sending boatloads of traffic to the linked website.) Reddit was founded back in June 2005, when co founders Steve Huffman and Alexis Ohanian decided to create something truly unique.
Huffman and Ohanian first began Reddit by creating various fake links and submitting content from those links. Before the days of social media dominance, 22 year old Ohanian wanted to accomplish a simple task: to unify people through original and quirky content. Started in a two bedroom apartment, the first version of Reddit went live on 23 June, 2005!
What attracted users to Reddit as a user interface was the simplicity of the platform. The more tools given to users, the more the platform took shape. The staple of Reddit, the up and down voting arrows that control the fate of story, were hand coded out of brute force simplicity and a dash of intuition. From being created as a very random platform, Reddit has grown to become one of the most widely used generic content platforms.
Started in the year 2005, Reddit was taken over by Conde Nast in 2006 for an estimated $ 20 million, receiving 500,000 daily unique views. With the growth being so quick and instantaneous, users spend 16 minutes on an average and is one of the most widely used sites by both men and women world over.
Products Which Crashed And Burned!
While most of us remember Neil Armstrong, the first man on the Moon, not a lot of people remember the second man. As a society made up of people who worship winners, be it with inventions or discoveries, we always celebrate the people who come in first. Despite remembering the first man who invented the telephone, or the man who discovered electricity, we seem to conveniently forget the people who failed with their products. To make your weekend entertainingly educative, we give you a list of inventions which failed to take off the right way!
1. Radioactive health products
Back in the day, when Radium was first discovered, the side effects weren’t as widely known as they are today. This particular element was considered to be a magic drug, a miracle of sorts. From healthcare products to medicines, everything was made better with Radium. In fact, drug companies went so far as to say that Radium would increase even your libido! People first started questioning this “Super Medicine” when a man used the Thor Radium powder to increase his sexual prowess. He ended up drinking not one, not two, but 1,400 bottles of the stuff. What was the drastic side effect, you ask? His jaw falling off! This was when people realised the radioactive stuff was actually more dangerous than positive for you! Oops.
2. Portable record players
Back when radio players were the deal of the century, a lot of companies tried making them portable. Which means they tried producing record players which could be used on the go. If you have ever used a record player, then you have probably already guessed the problem! Record players are fragile. You have to make sure they are kept at a steady level and not in a position where they can be knocked over. Despite record players being on a rise again, this invention is probably never going to see the light of the day. Boo.
3. Scent enhanced movies
Hans Laube, the inventor of Smell O Vision, wanted to create a new method which let theatre goers experience interesting smells while watching a movie. When it was launched in the New York, Chicago and Los Angles cinema halls in the year 1960, Laube thought this method would be used worldwide. However, it wasn’t meant to be. The scent was accompanied by a strange and ominous hissing sound as well. Furthermore, a lot of people complained saying the movie sounds and the smells were completely out of sync. Along with a similar innovation called AromaRama, Smell O Vision was swiftly abandoned and consigned to the scrap heap of history.
4. Car boats/boat cars
Boat cars, where first invented back in the 1770’s and where widely used during the Second World War. However, soon after the war ended, they were set aside for recreation. The car boats are now primarily used for water sports and as collector’s items!
5. Palm pilots
Palm pilots were the first gadgets which actually fitted in the palm of our hands. When they initially came out, they sold a million pieces in the formative year. Therefore, one would think to call this particular invention a failure, would not be fair. However, when Microsoft rescued Apple with a $ 150 million investment, the iPods and iPhones of the world took over, making the palm pilots obsolete!
With every great invention being recognised and revisited, we thought it was only fair the not so greats were remembered with respect as well! if you happen to remember who the second man on the Moon was, or who the first or second Indian cosmonaut was, then comment and let us know!
- Influential Women In The Entrepreneur World
- Yahoo Little Known And Unknown Facts
- How To Keep Your Best Employees Motivated
- How To Make Clients To Fall In Love With You
- Marissa Mayer Creates Tech Startup Incubator
- Amazon Prime Service Crosses 100 Million Subscribers
- How To Deal With Difficult People At Work
- YouTube Facts And Things You Definitely Didn’t Know!
- Reddit And How It Came To Be
- Flipkart – Walmart Deal: All The Latest Information
- Facebook Embroiled In Yet Another Controversy
- Ola Launching 100,000 Electric Vehicles In The Next 12 Months
- Paytm To Offer Foreign Exchange Services And Remittance Soon
- Facebook: All The Scandals Of The Past Year
- Products Which Crashed And Burned!
- Instagram: The True Founding Story
- Bitcoins Worth Rs. 20 Crores Stolen In India
- All You Need To Know About “hello,” The New Social Media App By Orkut Founder
- Walmart May Be Ahead Of Amazon In The Flipkart Buyout
- How Wipro Was Started