Tag: facts

  • Craigslist- Top 12 Interesting Facts About the Advertising Website

    Advertisements play the most important role for both businesses and customers. It enables businesses to market themselves and helps the customers to know about their market.

    Traditionally, the best source of advertisements was the newspapers. Everyone used to read so, its ad sections used to work well. Now, people are digitizing. They need everything on their devices. So, advertisements have also been digitized to keep up.

    In the world of digital advertising, a name that got super popular is Craigslist. This advertising company shifted the newspaper ad section to a website.

    Since most people are dependent on the internet, Craigslist enables people to know about various ads online. It has almost all the sections of ads like jobs, housing, gigs, community service, etc.

    Craigslist- The Boon for Online Advertising
    Foundation of Craigslist
    What does Craigslist Do?
    Interesting Facts About Craigslist
    FAQ

    Craigslist- The Boon for Online Advertising

    Craigslist is an advertisement website. It is comprised of classified sections of ads. These ads include housing, sales, items wanted, services, and whatnot.

    It is like an online version of a newspaper’s classified section. The best part about the website is that it’s free to use. It allows people to post ads about their products and services online. This in turn helps the customers to know about various listings in one place.

    Foundation of Craigslist

    Craig Newmark
    Craig Newmark

    Craigslist was founded in the year 1995. Craig Newmark is the founder of the website. As it shows the name of the website is inspired by the founder’s name itself.

    It started as an email list. Craig meant to share the latest happenings in San Francisco with his friends. With time it has now grown into one of the leading platforms for classified advertisements.

    What does Craigslist Do?

    Craigslist Homepage
    Craigslist Homepage

    In simple words, Craigslist provides an advertisement platform for both buyers and sellers. The sellers or service providers can post their ads on the website. For this Craigslist charges them a small amount of money.

    This allows the buyers to know about various products and services online at one stop. It helps people get connected within their community.

    Interesting Facts About Craigslist

    The following are some of the interesting about Craigslist:

    One of The Most Viewed Sites

    Everyone knows that Craigslist is a popular website. But very few know that it is one of the most viewed sites in the world. It is the 33rdmost viewed site in the world. With its origin in the United States, it is the 7th most viewed website in the States.

    More Work and Fewer Hands

    Craigslist is the name that holds great importance in the field of online advertising. Since its origin, it has grown a lot and created a big place in people’s hearts. Almost everyone thinks that there must be a huge team to support its smooth functioning. There are mere 50 employees (2017) that work behind this masterpiece.

    Multiple Languages

    Craigslist born in the United States not only operates in English but other languages as well. It is offered in Dutch, French, Spanish, German, Italian, Swedish, and more.

    More Visitors Than Netflix

    This fun fact is more shocking than fun. Netflix being the most popular OTT platform have a huge audience. On the other hand, Craigslist without having any marketing strategy, manage to get more visitors than Netflix.

    An Amazing Patron

    This is a lesser-known yet outstanding quality possessed by Craigslist. In the year 2018, Craigslist owner, Craig Newmark made a donation of $143.8 million to a charity just higher than Bill and Melinda Gates.

    Doesn’t Work with The Intention of Profits

    Craigslist does not work with intention of raising its revenue. The CEO, Jim Buckmaster has made this clear in various interviews. The company started Craigslist Foundation in the year 2001. This is a non-profit organization that supports community building.

    The organization provides low-cost as well as free events and online resources to everyone.

    A Dunbar Number’s Follower

    Craigslist is a follower of Dunbar Number. This is a psychological notion. It states that human groups have a cognitive limit. It means that there is a limit to the number of stable relationships that a person can have at a particular point in time.

    Following this principle, Craigslist keeps its employees less in number.

    Craigslist has various classified sections. One among the various is the personal section. In this section, there is an option for dating and romance. Here, people can post ads according to their required preferences.

    The site became a popular platform for gays and lesbians. Since they sometimes find it hard to find people with similar preferences, Craigslist became the desired website for them. The section was shut down in 2018 after Congress passed a Bill on trafficking.

    Sales of McLaren F1, Bugatti Veyron

    Craigslist does support the sales of old and used cars. But who would have thought that people could post ads about luxury cars and get a good price online?

    People have posted ads about expensive cars like Bugatti Veyron, Mustang GT, and McLaren F1.

    Craigslist Bugatti Replica Ad
    Craigslist Bugatti Replica Ad

    Craigslist’s Personal Section Got Shut Down

    In the year 2018, the US Senate passed a bill. The bill allowed the prosecution of any website that enabled sex workers to post ads online. Craigslist instead of developing some safety measures decided to shut down the personal section.

    Craigslist Personal Section Shut down
    Craigslist Personal Section Shut down

    A User was Able to Get a Porsche from bartering on Craigslist

    Craigslist user that bartered phone for Porsche
    Craigslist user that bartered phone for Porsche

    A young boy once traded an old phone for a better phone. Later, he stepped up the game and bartered iPod, laptop, a bike, Ford Bronco. Following the barter pattern, the boy ended up with a Porsche worth $9000.

    The fun part is that he bartered this whole process on Craigslist.

    Millions of Listings

    Craigslist supports listings in millions. Every month, more than 100 million ads are posted on the platform. Out of these, more than 2 million are for jobs. The platform has helped millions of people get jobs.


    9 Lesser known facts about Pinterest Every Pinterest user must know about
    Pinterest is an image sharing social platform founded by Bill Silbermann. If you are a active user of Pinterest, Here are 9 facts you should know about.


    Conclusion

    Craigslist has appeared like a boon of technology in the advertising market. It is one of the earliest and the most successful platforms for advertising. Craigslist enables users to post any type of ad. However, it does have certain restrictions. These include abusive and discriminatory language, jobs that breach the ethic of equal employment opportunity, etc.

    Like anything else, Craigslist also has both sides- positive and negative. There have been cases of theft, assault, and other crimes because of ads posted on the website. The bright side, however, is that it has been a blessing for both sellers and customers.

    FAQ

    How does Craigslist make money?

    One of the ways Craigslist makes money is by charging a $25 fee for posting a job listing.

    Do people still use Craigslist?

    Yes, according to a report many people still use Craigslist.

    What is Craigslist mostly used for?

    Craigslist is a website used for viewing jobs, housing, for sale, items wanted, services, community service, gigs, résumés, and discussion forums.

  • 12 Unknown and Interesting Facts about Infosys

    Infosys has grown from humble beginnings to a huge company. It was established in 1981 in Pune by Mr. Narayan Murthy. Today Infosys has a revenue of US$14 billion. Today it is one of the largest recruiters for IT services. It is fueling millions of young dreams today in India and around the world. Infosys is recognized for its exemplary services in IT throughout the world.

    Every year, it trains and gives employment to 20 lakh people around the globe. But behind these glories, there are many facts hidden which you might find inspiring or unique. So without any further ado lets look at the facts of Infosys.

    Infosys started with funding from Mrs. Sudha Murthy
    Infosys was almost closed
    First Indian company to be listed in Nasdaq
    Infosys has the world’s largest training center at Mysore
    Infosys had no computers until 2 years
    The First Official Employee of Infosys was N S Raghavan
    Infosys IPO was undersubscribed
    Infosys subsidiary caters to 1 million people
    Infosys foundation does incredible philanthropy
    First Company to implement E-sop systems
    Infosys’s has a huge empire
    Mr. Narayana Murthy tried to set up another startup before Infosys
    FAQ

    Infosys started with funding from Mrs. Sudha Murthy

    Mr. Narayana Murthy the founder of Infosys borrowed rupees 10,000 from his wife Sudha Murthy who was an engineer at Tata Steel. The first startup of Mr. Narayana Murthy, Softronics had failed and he was left with no money.

    Infosys was almost closed

    Infosys Founders
    Infosys Founders

    In the year 1989, Infosys was going through a lot of problems as its partner Kurt Salmon Associates collapsed. This was a US-based company and had collapsed due to some problems. There was a problem among the co-founders. Ashok Arora one of the co-founders also quit the company. At this point Mr. Narayan Murthy stepped in and took charge and united the rest of the co-founders and led the company further.

    First Indian company to be listed in Nasdaq

    Infosys listed in Nasdaq
    Infosys listed in Nasdaq

    Infosys had touched the 100 million mark in the year 1999. This led it to be listed in Nasdaq, the premier global share marketplace. At that time it was the first Indian company to achieve this success. According to Nasdaq, it was among the 20 biggest companies in terms of market capitalization.


    Top 10 Interesting and Unknown facts about Wipro you might not know about
    Wipro is an Indian multinational company founded by Mohammed Premji, that provides IT, consulting services. Here are some interesting facts about Wipro.


    Infosys has the world’s largest training center at Mysore

    Infosys Mysore Campus
    Infosys Mysore Campus

    Infosys is known for the training it provides to its employees. In Mysore, it has a huge training center with 200 classrooms, 400 gyms swimming pools, multiplex, and much more. It occupies around 370 acres of land and is considered the largest in the world.  

    Infosys had no computers until 2 years

    In the beginning, the company did not have many funds to fuel itself. It took the company 2 years to buy the Data General 32-bit MV8000 computer. So after starting the company in the year 1981, it got its first computer in the year 1983.

    The First Official Employee of Infosys was N S Raghavan

    NS Raghavan
    NS Raghavan

    The first official employee who was recruited into Infosys was NS Raghavan. It was not Mr. Narayana Murthy. As Mr. Murthy was finishing some of his pending assignments in Patni Computers (his former employer) he could not join Infosys first.

    Infosys IPO was undersubscribed

    In 1993, there was a huge financial scam in this country. Even after this Infosys went ahead and released its shares into the market. The share which is considered one of the best and most reliable shares was then undersubscribed by 13%. The value for Infosys share then was 95 rupees in 1993 and the cost of Infosys share now is Rs 1470.


    Facebook Turns $1 Trillion: Unveiling a Bag of Unknown Facts About Facebook
    As Facebook has turned $1 trillion lets look at some of the lesser known facts about Facebook that you should know about.


    Infosys subsidiary caters to 1 million people

    One of Infosys’s subsidiaries Finacle caters to 1 million people. It is a banking solution that is used by over 1 million banks. This is a cutting-edge technology software that caters to every function in banking.

    Infosys foundation does incredible philanthropy

    Infosys foundation was founded in 1996. Today it does huge philanthropy and service to the nations. The Infosys Foundation has built 2500 houses for the homeless. It has also set up more than 15,000 restrooms, 60,000 libraries. Apart from that, they have also set up relief houses in flood-affected areas. The foundation also gives 73 lakhs to honor outstanding scientists.

    First Company to implement E-sop systems

    This company was the first company in India to give E-SOPS to its employees. They implemented this way ahead of time. Other companies implemented it much after they did it. E-SOPS systems were implemented way after Infosys implemented it by other companies. This encouraged the employees and thus they worked harder.

    Infosys’s has a huge empire

    Today Infosys is a huge company and has more than 2 lakh employees. Its revenue is US$14 billion today. This company is now the 4th largest company in India. It has market capitalization of $100 bn. In 2019 Forbes listed it as 3rd World’s Best Regarded Companies for 2019.

    Mr. Narayana Murthy tried to set up another startup before Infosys

    Mr. Narayan Murthy had set up another startup before setting up Infosys. The name of the company was Softronics. It was basically a consulting firm but this did not run very well and thus had to stop its operation soon. After that, he made his second entrepreneurial attempt in Infosys.

    Conclusion

    These were some of the unknown facts regarding Infosys. You might have also known some of the facts from before. In these facts is embedded the amount of hardships and hurdles they went through before becoming so huge.

    FAQ

    Who is the founder of Infosys?

    Infosys was founded in 1981 by – N. R.Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S.Gopalakrishnan, S. D.Shibulal, K. Dinesh.

    Who is current CEO of Infosys?

    Salil Parekh is the current CEO of Infosys.

    What is the revenue of Infosys?

    The revenue of Infosys is US$14 billion as of 2021.

  • 9 Lesser known Facts about Pinterest Every Pinterest user must know about

    Ever asked yourself this question? : Is this picture Pinterest worthy?

    The key to it, is when you ask ‘What is Pinterest?’ The answer lies in the question posted above. It is a visual search engine. Yes, you read that correctly. Many times, we mistake it for a social media platform that helps you connect.

    It was co-founded by Ben Silbermann, Evan Sharp, and Paul Sciarra. Silbermann, the CEO, is a former Google employee in AdSense and studied at Yale. The application was launched back in March 2010.

    The app now has more than 500+ employees, available on three platforms: Web, Android, and iOS, in 30+ languages. It is located in San Francisco, with headquarters in CA. And offices in New York and Chicago, Atlanta, Los Angeles, London, Paris, Berlin, and more, to name a few.

    The app is based on the key message that:

    It starts with a great idea.

    Lets take a look at the interesting facts and stats about Pinterest:

    The Story behind the name
    It made History in 2011
    85% of pinners use the app to save their pins
    Pinterest is more popular than you think
    Pinterest taking it up a notch
    60% of the audience that uses Pinterest are women
    The international community, on Pinterest has a wider scope.
    77% of active Pinterest users discover new products or brands on Pinterest.
    The app has the potential to be a search engine.
    FAQ

    The Story behind the name

    Ben Silbermann
    Ben Silbermann

    The girlfriend of Silbermans came up with the name Pinterest and the site was first launched in 2010 as a beta. Gradually they opened up the site on an invitation-only basis.

    Adding up since we are talking facts: Pinterest birth was inspired by a failed app.

    It made History in 2011

    Pinterest in Times for 50 best websites
    Pinterest in Times for 50 best websites

    Team go big, or go home, the app made it to TIME magazines, listing it as one of the best websites, among the top 50. Just a year after its launch! And since then, it has been breaking records.


    Domino’s Interesting facts | Unknown Facts about Domino’s
    Domino’s Pizza is popular multichannel pizza restaurant chain. Here are some interesting facts about domino’s you might not be knowing about.


    85% of pinners use the app to save their pins

    It does not matter if you are a blogger, using the app for marketing or to drive traffic to your website. Pinterest has half of its traffic driven from mobile devices and the active 85% of pinners use the app to save their pins.

    Tip: Creator’s alert! You all need to use and design layouts for your Pins that are more mobile friendly.

    The number of people under the age of twenty-five is rapidly growing. It has doubled since 2020. Snapchat has 280 million annual users and Twitter has 186 million. Pinterest has more monthly active users now than these two combined. It is gaining popularity and running ahead of Twitter and Snapchat in the long haul.

    Pinterest taking it up a notch

    Number of monthly active Pinterest users worldwide
    Number of monthly active Pinterest users worldwide

    Pinterest had around 320 million active monthly users in the last year. And now they have around 459 million of them. We are looking at a growth of almost 100 million users here. The app is really taking it a step up.

    60% of the audience that uses Pinterest are women

    60% of the audience that uses Pinterest are women, plus 4 in 5 moms in the United States look for products to buy, and ideas actively, Have a business that sells products that targets mums? You know what to do.

    The International Community on Pinterest has a wider scope

    Around 74% of the audience falls under the age group of 18-44 years. Not to forget it’s becoming popular among younger generations, too. Now that you know the secret, use it wisely. If you need to know the target group of your brand. But do not forget, the target audience always consists of both your loyal customers and your potential consumers too.

    The platform has huge potential to reach a wider range of audiences. 50% of app users live outside the U.S. Curating content for the platform? Think again.

    77% of active Pinterest users discover new products or brands on Pinterest

    Pinterest ads are relatively 2.3× cheaper per conversion (when your audience takes an action, like contacting your organization or making an online purchase) compared to other social media ads. Adding to the benefits, the users on the app are 3× more likely to click through on your website to get to know more about it. Besides, 77% of active Pinterest users have discovered new products or brands through Pinterest.

    The app has the potential to be a search engine

    Pinterest search is a core element of Pinterest. Pinterest does not call itself a social network. Sounds strange, right, but it’s true.

    The huge tech giant company continues to grow and thrive with its unique features.


    13 Steaming facts about Starbucks Every Starbucks lover should know about
    If you are a frequent Starbucks customer, here are some facts about Starbucks that will change the way you order at Starbucks.


    FAQ

    Who founded Pinterest?

    Ben Silbermann, Paul Sciarra, and Evan Sharp founded Pinterest.

    What is the revenue of Pinterest?

    The annual revenue of Pinterest is 16.9 lakhs USD.

    When was Pinterest Founded?

    Pinterest was founded in 2010.

  • Interesting Facts about Bewakoof | How they Succeeded in Becoming the Famous Fashion-Portal in India

    We will buy any products from a company, with the thought- either if that brand is renowned for its services among the locality or we have had a reliable relationship with the brand for decades. For instance- when you think of purchasing clothes the first and foremost thing that pops our mind is ZARA or H&M because these clothing companies have a ‘NAME’ which they have earned through brand loyalty.

    Besides, you may have seen that in order to get brand awareness in the market, it is stated that a company should keep an engrossed and eye-catching name to entice as many customers as possible. But, here one such company went beyond that and topped the market with its appealing name and unique products- “Bewakoof” even though society marginalises the name of the company.

    As people started to engage in rendering services from this company just by reading its brand name. Curiosity kills a cat, right? You may wonder what kind of services they are rendering under the name “BEWAKOOF”.

    Basically,  Bewakoof means ‘Stupid’ in Hindi with the tagline ‘A bewakoof follows his heart’ literally which later created a buzz in the market, as the company sells trendy products at an affordable rate. Bewakoof is Mumbai-based e-commerce that vents customized products such as clothes, accessories, beauty care and special collections according to the trends.

    About Bewakoof

    The company Bewakoof commenced its functioning on 1st April 2012 where that month and day is particularly known for April fool day, People were implausible to shop in such a company when the brand name sounds witty with a jocular tagline. Civil engineering graduated- Prabhkiran Singh and Siddharth Munot are the founders of Bewakoof planned to start their own t-shirt printing business with an aim to bring humour into the lives of college students for the 18-34 age group.

    Started Bewakoof with Low initial investment
    A story behind the name
    A unique way of marketing their products
    No deadstock
    Social Media Marketing
    Crazy College campaigns and Celebrity Endorsements
    FAQ

    Started Bewakoof with Low initial investment

    As it is generally known that if you are dead set on starting an online business, the first thing you should think about is INVESTMENT, which demands a vast sum of money. But, Being an e-commerce business model, Bewakoof didn’t advance an initial amount in starting it. As the company is highly focused on social media and connecting audiences through its content & products.

    A story behind the name

    Bewakoof incorporation happened on 1st April 2021 especially on April fool day, which made society denigrate the inauguration as silly public stunts made by people to engross the community, paradoxically Bewakoof ultimately became the most famous fashion portal in India.

    A unique way of marketing their products

    The company’s marketing strategies played a unique part in hyping their demand in the market as well as helped to achieve their goals in a short span. This generation really lighted the concept of humor in the name of ‘Meme’, which attained the attention of many internet users.

    Bewakoof started their meme page before commencing the T-shirt business, they allure the internet audiences into becoming customers with their memes. Because they emphasize creating memes that are relevant and persuasive to the audience’s interest.


    Domino’s Interesting facts | Unknown Facts about Domino’s
    Domino’s Pizza is popular multichannel pizza restaurant chain. Here are some interesting facts about domino’s you might not be knowing about.


    No deadstock

    Bewakoof products are always innovative and trendy. They update their product’s design as days pass and innovate the old one into something unusual and fresh. This generation of people are always in search of new things and tend to try new things out.

    They always need something different and fashionable, they easily get bored of the old things. And in order to satisfy the customers’ demand, Bewakoof always tries to come up with some new stuff and have successfully maintained their position in the fashion world.  

    Bewakoof doesn’t maintain more stocks than needed. They keep launching new stuff in the sales. Only a few products are repeated, only if that particular product has high demand from the customer.

    Creative Social Media Marketing

    Bewakoof has an official page on social media platforms like Facebook and Instagram. They are active and keep updating their products. Social media is the best way of advertising products. People see the products and if they like them, they share them with their friends, like this the popularity increases.

    Bewakoof has about 2 million followers on Facebook and around 1.5 million followers on Instagram. The customers can text directly to inquire about the product they liked, and order if they love it.

    The customers are updated frequently about the shipping and the delivery date of the ordered product. They mainly focus on the women category as it has more reach compared to the men’s.

    Crazy College campaigns and Celebrity Endorsements

    Sanya Malhotra Bewakoof Endorsement
    Sanya Malhotra Bewakoof Endorsement

    To capture the attention of the students, Bewakoof advertised their products by popular Bollywood stars. Bewakoof welcomed the Bollywood actor Sanya Malhotra into their family. Sanya Malhotra will be taking part in the next campaign.

    Rajkummar Rao was also featured in their latest digital marketing campaign. Besides, the brand also offered freebie products for those college students who buy or promote Bewakoof T-shirts, which brewed a scuffle in the sales.


    Top 8 Interesting facts about Dunzo you might not know about
    From acquiring funding from Google to the partnership with PepsiCo. Here are some of the fascinating facts about Dunzo you might not know about.


    Conclusion

    Bewakoof is all you need, if you are searching for clothes and accessories that are unique and fashionable, and also at an affordable price. The brand experiments into different stuff so that they produce unique products to the customers. The products are made by ordinary people with extraordinary ideas. Check their official account to know more about the products.

    FAQ

    What is Bewakoof?

    Bewakoof is a fashion brand that has everything the new era needs, efficient, unique and stylish fashion wear. It was created with the notion of delivering the best and distinct fashion product at an affordable price to the coming age.

    Who is the founder of Bewakoof?

    Bewakoof’s CEO and Co-Founder is Prabhkiran Singh and the brand was set up in 2012. It was launched by Prabhkiran Singh and Siddharth Munot on  1 April 2012.

    What is the tagline of Bewakoof?

    Bewakoof is an Indian lifestyle fashion brand that was formed with the idea of producing efficient, unique and trendy fashion outfits for shoppers. “A Bewakoof follows his Heart ”, the tagline of Bewakoof, it’s for the people who want to try new things, not caring about other people’s talks.

  • Top 12 Lesser Known Facts about Sean Parker (Founding President of Facebook)

    Born in Herndon, Virginia, a city, right outside Washington DC. On the 3rd of December 1979. The 41 years old is an American entrepreneur who made a fortune at the young age of 24, as a president at Facebook. Parker enjoys an expensive lifestyle. He has also come forward with his views opposing the tech giants’ algorithms for keeping us hooked in the drama-documentary the social dilemma. He is married to a singer, Alexandra Lenas, and has two children, Winter Victoria and Zephyr Emerson.

    Peter Thiel on Parker:

    “I’ve told Sean, he may be the long-lost grandson of Howard Hughes—a brilliant entrepreneur who is somehow transforming the United States and yet is not understood by society. Sean is one of the great serial entrepreneurs of his generation, someone who is really changing the world and turning the wheel of history.” – Peter Thiel

    Here are some not so very well-known facts about Sean Parker:

    Learning programming at a very young age
    Hacking as a teenager
    Co-founder of Napster
    Founding President at Facebook
    Stepping down from Facebook
    Founded Airtime with Shawn Fanning
    His wedding made headlines
    Bringing Spotify to life
    Bacchus House and Brody House
    The Social Networking Site: Plaxoo
    He rightly predicted the future of Facebook
    Chairperson of the Parker foundation
    FAQ

    Learning programming at a very young age

    He learned How to program while he was in second grade itself at the age of seven, by his dad on an Atari 800 computer. He was also an avid reader.

    Hacking as a teenager

    At the age of 14, when computers were gaining popularity around the 1990s, he became part of the underground community of cybercriminals. He left college for Silicon, met Shawn Fanning on a portal, and that led to the creation of Napster.

    Hacking as a teenager. He was sentenced to community service when tracked by the FBI using his ISP as he was a minor. Sean Parker was just a teenager when he could hack into universities as well as companies.

    Co-founder of Napster

    He co-founded Napster with Shawn Fanning in 1999, at the age of 19. Napster was a file-sharing service, one of the fastest-growing as well as the most controversial businesses. Though it was not entirely legal, it changed the industry of music with how the globe consumes music. By the way, Napster did shut down eventually after several lawsuits were filed. With the downfall of Napster came a social networking site.

    Founding President at Facebook

    Sean Parker with Mark Zuckerberg
    Sean Parker with Mark Zuckerberg

    In 2004, he played an important role in designing, transitioning, and investing in the site’s early developing stages. He worked with Mark Zuckerberg and was his crucial mentor. He made his fortune at the age of 24 in billions as he owned the cache stocks in the Facebook. When Sean found out about the Facebook, he saw potential in its closely-knit community for college students. He got the co-founder of PayPal to invest in the Facebook, as it was formerly known. He believed in the potential of the site more than Zuckerberg, claiming it was the next big thing.

    Stepping down from Facebook

    For his partying habits, that did not remain a secret. Allegations were made, and Sean Parker was arrested a year later for allegedly possessing cocaine. No official charges were filed, but that meant saying goodbye to Facebook for Sean.


    10 Interesting Facts about Jack Dorsey you probably didn’t know
    Jack Dorsey is an American billionaire and founder of Twitter who often remains reserved about his life. So, here are 10 Facts about Jack Dorsey you probably didn’t know.


    Founded Airtime with Shawn Fanning

    Airtime
    Airtime

    Partnering up with Shawn Fanning yet again in 2012. They launched a group video chat app which was similar to chat roulette. This service app was a flop. Their app Airtime was relaunched later in 2016 on both the platforms iOS and Android.

    His wedding made headlines

    In 2013 Sean married singer, Alexandra Lenas in a forest. It got everyone’s attention in the media. In the lavish wedding where he had over 364 guests, all of their clothes were designed by Ngila Dickson; she is costume designer for Lord of the Rings, with a nine feet tall wedding cake and a three-day wedding ceremony. Plus, he donated $1.5 million to the ancient redwood forest. The cost of the wedding was approximately $10 million.

    Bringing Spotify to life

    Sean Parker with Spotify Founder - Daniel Ek
    Sean Parker with Spotify Founder – Daniel Ek

    Around 2006-2014, Sean was a managing partner at Theils Founder Funds. His interest in music led him to invest in Spotify. He served on Spotify’s company’s board until the year 2017 and played a major role in successfully bringing it to the market in US.


    Unknown Facts about Satya Nadella you might not know about
    We all know Satya Nadella as the Successful CEO of Microsoft but do you know he has worked 23 years in Microsoft before becoming the CEO. Check out more facts.


    Bacchus House and Brody House

    He paid a whopping $20 million for Bacchus House, NYC west village, which is known for its party-animal past in 2010. In 2010, Sean Parker bought Ellen DeGeneres Brody House for $55 million in Los Angeles. This property, among the others that he owns, is a nine-bedroom containing various pieces forming Parker’s Art collection. The house has a very clean, spacious and minimalistic look to it.

    The Social Networking Site: Plaxoo

    In 2009 Sean Parker launched Plaxo. Plaxo was a contact management startup. This website, too, was unfortunately shut down in 2017. After running for fifteen years of helping the people enrich their address books. Before shutting down the website, the website let its existing users download their data.

    Sean Parker rightly predicted the future of Facebook

    Four years ago. Back in the interview with Bloomberg Quicktake, he hinted at what might be ahead for Facebook and the next big thing and what it could end up owning in the future. Not only Sean Parker is well-read, but also has nuanced opinions on ranging topics apart from the tech industry.

    Chairperson of the Parker foundation

    He had mentioned back then that Life sciences was the next big thing for him. As a child, Sean would get asthma attacks which at times landed him in the hospitals Now is also a philanthropist, the head of the Parker foundation, and also donates to political candidates. With the key focus areas being life sciences, public health, civic engagement, and Art.

    Even after failing multiple times, Sean has never stopped himself from doing the next big thing.


    Top 9 Interesting Facts about Shein Founder – Chris Xu
    Chris Xu is the founder and CEO of Shein. Here are some of the interesting facts about Chris Xu.


    FAQ

    What is the net worth of Sean Parker?

    The net worth of Sean Parker is 280 crores USD as of 2021.

    What was the cost of Sean Parker’s Wedding

    The cost of Sean Parker’s Wedding was approximately $10 million.

    Who is the wife of Sean Parker?

    Alexandra Lenas is the wife of Sean Parker.

  • Some Unknown Facts About Domino’s Pizza That will Amaze You

    Domino’s Pizza Inc is an American multinational pizza restaurant chain founded in 1960. Today Domino’s Pizza is the second-largest pizza chain in the world and serves in 90 countries.

    Domino’s Pizza is known for its superior taste and quality all over the world. The tangy pizza sauce and its cheesiest crust make people crave a sizzling hot pizza. Here are 15 super fun facts about Domino’s Pizza.

    Domino’s was originally called "Dominick"
    Million Ways!
    Free Pizza- A dream come true
    Vegan Pizza
    Pepperoni- What’s that?
    In the mountains
    To the moon and back
    No Pizza Today
    30 Minutes Pizza Delivery is equal to Danger
    Domino’s made a fully automated pizza delivery robot
    The Love story
    FAQ

    Domino’s Interesting Facts

    Domino’s was originally called “Dominick”

    Domino's logo
    Domino’s logo

    The chain was initially called “Dominick’s”  after the founder Tom Monaghan and his sibling bought the ordinarily existing pizza shop in 1960 in Ypsilanti, Michigan. The first Domino’s Pizza store was opened on December 9, 1960.

    Monaghan soon expanded the mini-chain by setting up two more pizzerias, besides the existing one in the country.


    Dominos – A Curious Case Ctudy
    Today, the fast food industry has now become our priority partner in every situation of life. Let use see the complete story behind the Dominos success story with the title- Dominos – A curious case study.


    Million Ways!

    There are more than 34 million distinct ways to make a simple Domino’s pizza. Domino’s double-cross World’s Fastest Pizza Maker Werner Lomker can make three enormous pizzas in 47.56 seconds.

    Free Pizza- A dream come true

    In March 2009, a glitch in code implied that around 11,000 pizzas were given out free of charge to buyers in Ohio and Kentucky.

    Vegan Pizza

    In 2013, a primary vegan domino’s pizza was made in Israel utilizing soy-based cheddar cheese for the gooey garnish.

    Pepperoni- What’s that?

    There wasn’t a word for a pepperoni in the Japanese language when the major Domino’s store was opened in 1985. So Domino’s had to create a word for pepperoni.

    In the mountains

    The most exceptional Domino’s pizza transport administration in Latin America is in Quito, Ecuador found 8,000 feet (2,438 meters) above ocean level. Quito in Ecuador is the most unusual city where pizzas are delivered. It is home to over a million individuals  8,000 feet situated in the Andes Mountains.

    To the moon and back

    Did you know that Pizza Delivery is equal to travelling to the moon? There is a great deal of driving associated with moving pizzas. But you might be wondering to what extent? It’s just about as much as making 41 excursions to the moon each week. And that is just in the USA.

    No Pizza Today

    Although it seems impossible, not getting any pizza orders would surely be a nightmare for Domino’s. But there was a day on which not even one order came to Domino’s! It was the day when the American football running back OJ Simpson was given a verdict.

    30 Minutes Pizza Delivery is equal to Danger

    The 30 minutes delivery or free guarantee was dropped by Domino’s because the pressure of quick transport caused numerous mishaps to the delivery workers.

    Domino’s made a fully automated pizza delivery robot

    The robot was named “DRU.” In 2016, Domino’s presented a fully automated pizza transport vehicle to the world. Called ‘DRU’ (Domino’s Robotic Unit), the little robot initially became animated in New Zealand and is a low-controlled broiler on wheels.

    The Love story

    The first delivery of Domino’s turned out to be romantic for the founder, Monaghan. He fell in love with the receptionist and married her shortly after that.

    FAQ

    Who is the founder of Domino’s?

    Tom Monaghan and James Monaghan founded Domino’s in 1960.

    What was the early name of Domino’s?

    Domino’s was originally called DomiNick’s.

    Where was the first Domino’s store?

    The story of Domino’s began in 1960 by Tom and James Monaghan. They opened the first “DomiNick’s” store in Michigan, USA.

    What is the revenue of Domino’s?

    The revenue of Domino’s is 411.7 crores USD in 2020.

    Who is the owner of Domino’s?

    Bain Capital, Inc. owns Domino’s, as Domino’s sold 93 percent of the company to Bain Capital, Inc.

  • Puma Brand: Top 5 Lesser known Facts you might not know about

    With sales being announced every now and then, Puma has been growing in popularity as well as reliability. Not just the quality quotient, but also the brand value has made Puma one of the most renowned sports athleisure brands in the world.

    The online, as well as the offline market, has been flourishing for more than seven decades now. Originally, the license was obtained for producing textiles and footwear only. The brand grew through leaps and bounds to include apparel, accessories, and sports equipment in the catalog.

    Puma’s Journey Till Now
    Top 5 Little Known Facts About Puma
    FAQ

    Puma’s Journey Till Now

    The incorporation of Puma was heavily disputed. The actual company, that is, Dassler Brothers Shoe Factory split in 1948 into Puma and Adidas. Both the brothers took hold of one brand each.

    As a listed company, Puma came to be known in the year 1986 under Frankfurt Stock Exchange. In 2017, the employment count exceeded 13,000 (spread across 120 countries).

    In 2019, Puma’s revenue touched the milestone of 5.5 billion Euros. It is shared between Artemis and Kering for 29 and 16 percent respectively. The current CEO of Puma is Bjorn Gulden. He is a Norwegian experiences man, who was appointed eight years ago, in 2013. There is a well-knit advisory board as well, to ensure the best performance.


    13 Steaming facts about Starbucks Every Starbucks lover should know about
    If you are a frequent Starbucks customer, here are some facts about Starbucks that will change the way you order at Starbucks.


    Top 5 Little Known Facts About Puma

    Puma Logo
    Puma Logo

    It came into existence way back in 1967. Though a lot of brands believe in using updated logos, Puma has stuck to the same for decades at a stretch.

    The name designated for the same is “Jumping Puma Cat” (implies agility, strength, endurance, and peace). It might be surprising that to know that there is a 20-year gap between the company’s birth and the logo’s incorporation.

    The Puma Yacht

    Puma Yacht in Ocean Race
    Puma Yacht in Ocean Race

    Yes, you heard it right. Puma is known for indulging in unique activities. In order to maintain the legacy, the brand came up with a sailing yacht for itself. It is not just for endorsements, neither is it a marketing gimmick. The yacht represents Puma in yacht races around the globe, furthering the competitive spirit in every possible way.


    10 Fascinating Facts About Ford you might not know about
    Ford Motor company is a well known American automaker founded by Henry Ford. Here are some of the Interesting facts about Ford you might not know.


    Pele and Puma

    Pele and Puma
    Pele and Puma

    The association of Puma with sports stars has also been incredible. Did you know that the legendary soccer player Pele wore Puma while participating in most of the victorious world cups? This lesser-known fact about this extraordinary brand is true to its core. The tally of world cups won by the tournament’s (second one) best player is capped at a whopping three World Cup championships.

    Firsts: Technology Used by Puma

    Puma Vulcanization Technique
    Puma Vulcanization Technique

    The advanced vulcanization production technique is considered to be the brainchild of Puma as this brand was the first in the world to apply the same to the shoe-making industry. The process is simple – the shoe sole is bonded with the shoe shaft for better grip. It is also worth mentioning that Puma sponsored 1 FC Herzogenaurach football team as its sponsoring debut in 1948 itself.

    Puma’s Ferrari Contract

    Puma F1 Ferrari Contract
    Puma F1 Ferrari Contract

    Now, what association does Puma have with Ferrari? It has something to do with sponsorship, like other leads controlled by Puma. The renowned Formula One team Scuderia Ferrari has Puma as its official supplier. Not only this, the contract signed between them will last for years, leading to a deeper friendship. The related endorsements are countless.


    Adidas vs. Nike: Who’s Leading In The Market
    Financially Nike is known to be larger than Adidas, but the latter’s performance has been better recently. The article below will help you choose your pick.


    FAQ

    Which companies are the strong competitors of Puma?

    Adidas is known to be one of the strongest rivals. Other sports athleisure brands like Nike also provide tough competition. Though the brands have their own unique consumer family, numerous comparisons are published from time to time. Puma is best known for its sports products and branded accessories, including clothes and sports gear.

    What is the etymology of the Puma brand?

    Puma was initially known as Ruda since the owner was Rudolf Dassler. This was the case when Adidas was not known as a separate entity. It is interesting to know that Adidas has also been derived from the owner’s (brother) name Adolf Dassler.

    Is Puma’s customer care support reliable?

    Yes. Puma has stood by its consumers during the pandemic as well. The supply chain was also modified to help out all the new and old customers. The online market, as well as multi-level marketing supply chains, served the purpose well.

    Where are Puma headquarters situated?

    The headquarters of Puma is situated in Southern Germany. Since the incorporation took place there, Puma has had deep associations with the German city and it is also considered the “home town”.

  • Top 9 Unknown Facts About The Shein Founder And CEO – Chris Xu

    Chris Xu is a Chinese American, who is the founder and CEO of the most iconic fashion domain Shein. Since his heyday in 2008 began, he has been known as the notorious e-commerce venture.

    He is a Chinese born in the United States, where he did his graduation from Washington University. Before Starting with his idea of making Shein, he was a member of a trading premium enterprise-Nanjing Aodao.

    Moreover, he fit into everything all by himself from self-designing his products to generating customers to make a purchase- Multi-Talented in sales, marketing, revenue, and supervision. His hard work really paid well towards making Shein, which developed as an eminent empire of fashion all over the world.

    Chris is the Chief Executive Officer of the notorious fashion B2C platform and the sole creator of Shein which vends various products such as accessories, clothes, Application software and shoes underscoring on women and kids.

    Chris Xu’s determination on creating the fashion portal is stupendous as he recruited fashion designers from different parts of the world to contribute the best products according to customers’ preferences, And He did it.

    In the meantime, he mastered the marketing field especially in Search engine optimization (SEO) and launched his long-held aspiration ‘Shein’ in 2008. As a means to accomplish the Shein globally, he partnered with designers. And now, he is one of the richest men and renowned entrepreneurs.

    Top 10 Unknown Facts about the founder of fast-fashion platform ‘Shein’ Chris Xu:

    Chris Xu created Shein with the money, he earned by selling wedding dresses
    Chris Xu is known as SEO pro
    Chris Xu created the Chinese fashion Empire
    Chris Xu shaped a designer team
    Chris Xu’s perspective is ingenious
    Chris Xu’x company ‘Shein’ was banned in India
    Chinese don’t know Shein founder
    Shein’s Controversy
    Chris Xu’s Net worth
    FAQ

    Chris Xu created Shein with the money, he earned by selling wedding dresses

    Chris Xu implemented his idea of creating fashion stuff at an affordable rate commenced in 2008 where he espied that wedding dresses are one of the most highly-trending as well as expensive products from international markets.

    So he sold his wedding clothes at a bargain-basement range to customers, there, he began the process of building Shein with the money he has earned by selling his wedding clothes.

    He analysed the demand of people and worked on fashion which gravitates among gen Z.

    Chris Xu is known as SEO pro

    When he moved to Nanjing and worked as an integrated member in the marketing consulting company- Nanjing Aodao Information Technology. Being a part of the marketing department, he became a pro in SEO and leads the technical tools by himself.

    Chris Xu created the Chinese fashion Empire

    He began this most popular fashion platform with an aim to improvise the currency conversion, where he faced the issue which stopped international customers from purchasing products.

    Chris Xu shaped a designer team

    He formed a designer team in order to attain global recognition, so he partnered with many designers by assigning 30 per cent commission for their work.


    10 Surprising Facts about TikTok you Never knew about
    TikTok is a social platform owned by Chinese company ByteDance. Here are 10 Surprising facts about TikTok you never knew about.


    Chris Xu’s perspective is ingenious

    Shein X
    Shein X

    Chris Xu’s plan for Shein mainly focuses on collaborating with young designers. The program is termed “Shein X”. The program supports rising designers who lack resources to get a breakthrough and their talents to get noticed.

    The inaugural group of designers for this program are seven creatives who offer fun, unique and fresh designs. The partnerships are for three months which can be extended further. And the next batch of seven designers will be selected through an application process.

    Other plans include opening traditional stores, supply chain finance, advertising, etc.

    Chris Xu’s company ‘Shein’ was banned in India

    On June 29, 2020, the Central Government of India banned 59 Chinese applications citing privacy concerns as the reason. Shein was one among the 59 applications and was alleged that the customer data was being stolen and was transmitted to locations outside India in an unauthorised manner.

    Shein issued a statement in this regard on 8 July 2020, saying that the company was working diligently on preparing and submitting significant documents required by the Indian Government that comply with the new policies and that customer privacy was its top priority.

    Chinese don’t know Shein founder

    It is difficult to believe that a company as famous and successful as Shein and its founder isn’t known in the country in which it considers as a product headquarter, is it not? Shein has its headquarters in Guangzhou, China where its production takes place. But the company is engaged only in the exports business making it unknown to Chinese consumers, thus making Chris Xu another human being in the masses to the people of China.


    Facebook Turns $1 Trillion: Unveiling a Bag of Unknown Facts About Facebook
    As Facebook has turned $1 trillion lets look at some of the lesser known facts about Facebook that you should know about.


    Shein’s Controversy

    Shein Swastika
    Shein Swastika

    Shein has had its share of controversies in the past. In July 2020, the company was caught in the headlines due to selling a swastika pendant which was identified as a Nazi symbol.

    The company apologised via social media post stating that the pendant was meant as the Buddhist symbol that stood for spirituality and good fortune.

    Another controversy that Shein faced was because of a phone case that had a black man cuffed with a white border. After severe backlash, the product was removed.

    In addition, the general controversy that Shein might be a scam site as the products were sold at a price that is less compared to most brands targeting women as their customers.

    Chris Xu’s Net worth

    The net worth of the online fashion platform exceeds $15 billion. The company ships its product to 220 countries and the US is considered Shein’s largest market.

    The company also earns income through YouTube and other platforms. The revenue data of the company isn’t established but the income is estimated at $10 billion annually.

    Conclusion

    Creating a brand that does not have a physical presence but is recognized and has held its top place in the industry for years is no easy feat. Chris Xu is the man behind this massive success. His idea’s fruition has been a lifeline to women around the world who want to celebrate fashion but at an affordable price. And the mystery created due to the lack of information on this dedicated billionaire CEO only adds up to the allure.  

    FAQ

    Who is Chris xu?

    Chris Xu is the founder, entrepreneur and CEO of the renowned fashion platform Shein.

    What is the net worth of Chris Xu?

    According to the reports, it is estimated that Chris Xu’s net worth was around 15 billion, with a ten thousand sales turnover per day.

    When did Chris Xu founded Shein?

    Chris Xu founded Shein in 2008.

  • Top 7 Interesting Facts about Cred you should know about

    The timeline of the credit users has been burgeoned in recent times with this ongoing evolving digital India, as people rely more on credit cards that play a beneficiary role towards them. Credit cards bestow much assistance to encounter the financial facilities or requirements of the holder such as rent, taxes or any other credit purchases.

    India has flourished in the field of credit facility that developed an India-based company CRED which authorizes users to pay off their expenses via an app. CRED is member-only credit management that allows the members who are eligible for credit accessing up to 750. CRED has been expanding its financial services in the past two years and becoming credible credit management in India.

    Therefore, CRED is an Indian FinTech startup that is fabricated to progress credit facilities by building a digital club of credit scores for its only-users.

    About CRED

    CRED was founded by Kunal Shah in 2018, a Bangalore-based financial market, which is designed to provide digital financial services to the people. Furthermore, the company has realised the need for digital demand, especially when the entire world is struggling during this ongoing pandemic.

    Consequently, Kunal Shah built a credit service to people through an app, which processes their remittance. The company has become a renowned financial service that partnered with over 38 brands and sponsored PL for three consecutive years.

    Let’s look at Top 7 unknown facts about CRED.

    CRED was Created by the former founder of FreeCharge
    CRED has Two prominent objectives
    CRED is a member-only Community
    CRED is one of its kind app in India
    CRED Struck a Three-year deal with IPL
    CRED offered Five Products
    CRED bolstered the people in the ongoing pandemic
    FAQ

    CRED was Created by the former founder of FreeCharge

    Kunal Shah is a serial entrepreneur who has formed CRED and is also the former founder of FreeCharge which was later sold to Snapdeal. The story of CRED commenced, when Kunal sold off his first venture in 2015, and began to spend that money like a dilettante and underscoring utilised some on the study of developing his new idea, and that is ‘Cred’.

    Prominently, people don’t situate their trust in financial institutions, so Kunal Shah created a frictional environment that engenders financial progress for the people which is considered to be reliable and trustworthy. In 2018, he inaugurated CRED along with key investors DST Global, Sequoia Capital, Ribbit Capital and Tiger Global.

    At the time of launching the CRED App over 1000 downloads were done with 4.6 ratings on the Google Play Store and App Store.

    CRED has Two prominent objectives

    CRED was formed with two primary objectives- to enhance life for creditworthy individuals and to actuate credit services to people to dilate the financial behaviour in the country.

    As of now,  CRED has boarded nearly 5.9 million users and functions around 20 per cent of credit payments in India. CRED is a community, where its member-only can avail themselves of the rewards for paying off their credit bills in full settlement.

    The company holds charges if the holder pays extra rupees on the full-settled credit payments. Up until now, CRED has raised funds overall around 227 million.


    10 Unknown Facts about Xerox you Never knew
    We all use Xerox scanners in offices or schools but do you know it was founded in 1906. Checkout some more interesting facts about Xerox you must know about.


    CRED is a member-only Community

    Every financial institution provides credit service, only if the holder goes with the eligibility criteria. The credit score should be more than 750, so you can be a member of the CRED community and redeem the rewards.

    CRED is one of its kind app in India

    This is the only app in India, which allows you to redeem for paying off your credit card bills. CRED has given various options to redeem your rewards- making a 1000 rupees transaction, you can ‘burn CRED coins’ to win Rupees worth 5 to 10 rupees that add to your credit card.

    On the other hand, ‘Kill the Bill’ you can just swipe the card to access offers from Swiggy, Yatra, BookMyShow, Freshmenu, Uber Eats and other fashion portals.

    CRED Struck a Three-year deal with IPL

    Every person watching an IPL match would understand the angst of having to go through the entire match watching multiple ads or having to watch the same ad multiple times. But the IPL seasons of 2020 and 2021 had some ads that caught the attention of the public.

    Yes, I am talking about the Indira Nagar Ka Gunda ad and the Madhuri Dixit and 90s stars ads from CRED.

    CRED Sponsor during a Ipl match
    CRED Sponsor during an Ipl match

    CRED has struck a three-year deal from 2020 – 2022 as a sponsor for the IPL. And the IPL Campaign has increased the daily sign-ups for CRED Membership by 6-7x in 2020. Payment of credit card bills during the powerplay offers a chance to win 100% cashback and was also well received.


    Facebook Turns $1 Trillion: Unveiling a Bag of Unknown Facts About Facebook
    As Facebook has turned $1 trillion lets look at some of the lesser known facts about Facebook that you should know about.


    CRED offered Five Products

    CRED offers five distinct products to its members. The services include:

    CRED RentPay

    A feature that allows tenants to pay the monthly rent to the landlord’s bank account directly using a credit card.

    CRED Cash

    A system that gives credit for interest that is one-third of the credit and it is fast and fully digitalised;

    CRED Pay

    A safe payment option and can be used as a single-click alternative in selected merchant platforms and offers discounts on brands like Bombay Shaving Co., Dine out etc.

    CRED Store

    The CRED app houses 1500+ brands in their in-app e-commerce and travel destinations domestic and international from which its members can purchase at a member-exclusive price.

    CRED Travel Store

    The travel store gives the members an option to buy now and travel later to exclusive places and CRED’s association with Mastercard provides premium packages at top hotels like The Taj.

    CRED bolstered the people in the ongoing pandemic

    During the second wave of the ongoing Corona pandemic, the need for oxygen supply was a major concern in India. CRED came out to help with the situation by partnering with NGOs like Milaap, Hemkunt Foundation and Give India.

    It gave its members an option to donate their CRED coins towards oxygen concentrators for COVID patients. In a later post, CRED revealed that more than 7.5 lakh members contributed their CRED coins and the donation to the cause was Rs. 10 Crore.

    Conclusion:

    CRED’s growth and popularity can be attributed to two facts. Firstly, the startup founder Kunal Shah who has seen success in his other startups and investors trust his ability in making a success of any venture he starts.

    Secondly, the astonishing fact that CRED’s revenue in FY20 was not more than INR 50 lakh but the estimated revenue projection for FY21 is INR 108 Crores which is 208 times the growth. Thus making another fact clear that CRED is another successful startup of Kunal Shah.

    FAQs

    What is CRED?

    CRED is a members-only credit card bill payment app founded by Kunal Shah in 2018 and is headquartered in Bangalore, Karnataka.

    How does CRED work?

    CRED allows its members to make payments using the app. The app’s focus is to make use of credit card payments easier, automated, and making payments early. Payments made using the CRED app allow the members to earn CRED coins.

    What is the eligibility to join the CRED community?

    CRED accepts only those credit card holders who maintain a credit score above 750. The credit score is checked using the number connected to the bank account and those who do not pass the criteria are shortlisted.

  • 10 Fascinating Facts About Ford you might not know

    Ford Motor Company is well-known. This automobile company has been around for over 116 years, creating iconic cars and even aircraft and armored vehicles during World War I & II.

    Many of the companies that were founded in the early 1900s have gone on to become some of the most influential companies in the world today. And, Ford was one of the most important companies that stood out from the crowd.

    Many of Ford Motor Company’s innovations have left their mark on the auto industry throughout its 115-year history. Ford is one of those companies whose name is well-known to everyone. With a rich history as one of the world’s oldest car manufacturers, Ford has many interesting facts that you may not be aware of!

    Ford’s history
    The quadricycle
    Thomas Edison’s Last breath
    Fordlandia
    Fords Innovative Assembly line
    Pay increase
    Ford Mustang was transported to the Top of Empire Estate building
    Jim Morrison owned only one car, a Ford
    Ford Airplanes
    Ford’s Racing clan
    FAQ

    Ford’s history

    Detroit, Michigan’s Ford Motor Company was founded in 1903. Henry Ford and his son Edsel were among the 12 founders. For him, it was all about raising money for his business to succeed. However, Henry’s stake in the company would not last.

    Henry and Edsel Ford bought out the other 10 owners of Ford Motor Company in 1919, allowing them to take full control of the company that bears their names. Detroit’s Mack Avenue was the site of the first Ford plant.

    The Quadricycle

    Ford Quadricycle
    Ford Quadricycle

    Henry Ford’s first vehicle was the Ford Quadricycle. It was a simple frame with a gasoline engine and four bicycle wheels mounted on it that was Ford’s first automobile. This quadricycle was completed in 1896. He built a 4-wheeled quadricycle with a tiller, a gas-powered 4-horsepower engine, and a transmission.

    Henry Ford worked as Thomas Edison’s chief electrical engineer In his spare time, he built the quadricycle. After reading an article in the November 1895 issue, he became interested in the subject.

    Thomas Edison’s Last breath

    Thomas Edison's Last Breath
    Thomas Edison’s Last Breath

    Despite their world-changing achievements, Thomas Edison and Henry Ford’s genuine friendship is a delightful tale that few people have heard. Two of the men bought vacation homes in Fort Myers, Florida, because of their lifelong friendship.

    The last breath of Thomas Edison was captured in a test tube and sealed with a cork, at Ford’s request. To Henry Ford, Edison’s “life and breath” remained in the tube. Friendship was very important to them.

    Fordlandia

    Fordlandia
    Fordlandia

    The Amazonian jungle of Brazil was the site of Henry Ford’s 1928 attempt to create a small “utopian”-style village. This plantation was to serve multiple purposes and be the size of a small village. While providing fresh rubber to his factories, it would also provide jobs for the locals.

    In the end, setting up the village proved to be much more difficult than he had anticipated. It ended up being a failure, and the land on which it was built is still uninhabited.


    10 Astounding facts about Lamborghini you might not know about
    Do you know Lamborghini made tractors before manufacturing high performance supercars?. Here are some more astounding facts about Lamborghini.


    Fords Innovative Assembly line

    Ford's Innovative Assembly Line
    Ford’s Innovative Assembly Line

    Ford is credited with inventing the assembly line for making automobiles. This method of car construction was pioneered by Henry Ford, and it is still the most popular method of car construction today!

    Productivity skyrocketed as a result. A car could be built in less than 90 minutes, instead of the 700 minutes, it took before. The company’s profits soared as a result. Ford’s involvement was evident at every stage of the production process. A good business decision at the time, it turned out to be a world-changing innovation.

    Pay increase

    In 1914, the average factory worker earned $2.50 per day. Henry Ford increased the pay of his employees to $5 a day in 1914, which was unheard of at the time.
    For Ford and its workers, it was a wise move. It was a move that resulted in a positive atmosphere among employees. Their productivity went up as a result of this, as did their wages, which enabled them to buy a car that they helped to build.

    As a result of the new salary, a shorter working day, and profit-sharing, employee turnover was reduced, and the middle class and fair wages movements grew.

    Ford Mustang was transported to the Top of Empire Estate building

    Ford Mustang at the Top of Empire State Building
    Ford Mustang at the Top of Empire State Building

    Ford Mustang was disassembled and photographed from a helicopter after it was transported in four pieces using resident elevators to the Empire State Building in 1965.

    After being separated into four pieces and transported up using the elevators on-site, the car was finally delivered to its destination. Reassembled, the car remained there for five months before being dismantled.

    Jim Morrison owned only one car, a Ford

    Jim Morrison with his Shelby Gt500
    Jim Morrison with his Shelby Gt500

    The Doors are one of the most well-known rock bands in music history, with a worldwide fan base. Jim Morrison was the band’s lead singer, and he became an inspiration to many musicians of that era and subsequent generations.

    It was a 1967 Shelby GT 500 that Jim Morrison, the legendary Doors singer owned.

    It is one of the most famous Mustang models ever made. After suffering a heart attack in Paris in 1971, Jim Morrison passed away at the age of just 27. He’s buried in Paris, and his gravesite is still one of the city’s most popular tourist attractions.


    Facebook Turns $1 Trillion: Unveiling a Bag of Unknown Facts About Facebook
    As Facebook has turned $1 trillion lets look at some of the lesser known facts about Facebook that you should know about.


    Ford Airplanes

    Ford's Airplane
    Ford’s Airplane

    Ford Motor Company began manufacturing airplanes during World War I. During the “war to end all wars,” he wanted to lend a hand to the United States military. Throughout his life, Ford held 161 patents, proving that he was constantly innovating and expanding his reach.

    “Tin Goose” is the nickname given to the Ford Trimotor, a three-engine American transport aircraft. Henry Ford’s company began production in 1925 and ended on June 7, 1933. Ford produced 199 Trimotors. However, it was also used by military units. Unfortunately, he had to shut down the operation in 1933 due to a lack of success.

    Ford’s Racing clan

    Ford 24 Hour Le Mans
    Ford 24 Hour Le Mans

    During the 24 Hours of Le Mans race, Ford beat Porsche, Lamborghini, and Ferrari. With its GT40, Ford ended Ferrari’s six-year winning streak in 1966. Ford went on to win the championship four years in a row, which is noteworthy.

    FAQ

    Who is the founder of Ford?

    Henry Ford founded Ford Motor Company on 16 June, 1903.

    What was the first car made by Ford?

    Ford Model A was the first car made by Ford in 1903.

    What was the net worth of Henry Ford?

    Henry Ford had a net worth worth equal to $200 billion dollars adjusted for inflation.