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Life Lessons From The Tech Geek, Evan Spiegel!

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Evan Thomas Spiegel aka Evan Spiegel is the CEO and Co founder of the most popular mobile application Snapchat. This tech geek is loved by everyone for bringing up the most incredibly used photo sharing app. The smart and savvy tech entrepreneur rebelled against the archived timelines of the other social media platforms to allow users to communicate at the moment through temporary pictures, video and text. As of now, there are 100 million active users sharing 9,000 snaps per second. Huge, right? Evan shot to fame after pioneering the idea of self deleting pictures on Snapchat. Evan Spiegel is someone the young generation looks up to for inspiration. With an estimated net worth of $ 2.1 billion, 26 year old Spiegel is the youngest billionaire in the world.

Here are 5 life lessons to learn from Evan Spiegel!

1. Dare to be unique

Do not be like everyone else. Dare to be unique and showcase your thing with confidence! The talented lad Evan said to have faith in yourself. Know that you will be capable of all the growth expected of you and that you expect of yourself. Having faith in oneself and letting things happen makes you stand out from the crowd. If you have an idea that is unique and different, do not be afraid to showcase it!

As an entrepreneur, you need to believe in yourself and make things happen with passion and dedication!

2. Follow your heart

Evan Spiegel spoke at the University of Southern California’s Marshall School of Business where he was the chief guest. Spiegel called out students to follow their heart and intuitions. He encouraged the people present at the event to listen to their heart and follow that instead of relying on someone else’s advice. If you have an idea, go follow it! Put your soul and heart into it to make it happen and see the stars following your path!

3. It’s not about the Degree

A degree doesn’t matter as long as you are passionate about something that could be implemented with immense dedication. Spiegel came up with the idea of Snapchat while working on a class project as a student, at Stanford in 2010. He initially named it Picaboo. With two of his fraternity brothers, Spiegel left the college in 2012 to develop Snapchat before he completed his degree and the rest we know is history! Evan unique Spiegel explained he too had participated in his class’ graduation ceremony, despite not receiving his degree. He even wore the cap and gown and walked onto the stage.

4. Learn from your mistakes

The inception of Snapchat took place with a mistake. Yes, we are not kidding! Snapchat was also thought up in a college dorm room. The idea came after a conversation with his frat brothers Reggie Brown and Bobby Murphy at Stanford University about sexting. There was a confusion made by one of the Snapchat’s co founder Reggie Brown. He had stepped into Spiegel’s room to discuss a photo he wished he didn’t send to someone. Brown had said I wish there was an app to send disappearing photos. Spiegel immediately became animated and called it a million dollar idea. Of course, he wasn’t wrong. We now have the best photo sharing app! Learning from your mistakes and using it as an opportunity to focus on the better is a very important thing! Do not be afraid of making mistakes, learn from them instead.

5. If at first, you don’t succeed, try and try again

It was then that Evan and his colleague developed the idea of Snapchat and started working on its development. They named it Picaboo, which failed to attract any investors’ support. Basically, just because there were some flaws in it. On top of that, the idea that why one would share an image that disappears led to the downfall of the group. Spiegel once said you are going to make a lot of mistakes. I’ve already made a ton of them some of them very publicly and it will feel terrible, but it will be okay. Just apologize as quickly as you can and pray for forgiveness.

At the end of the day if you are passionate about something and work hard for that you will ultimately achieve it.

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.

The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.

This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.

Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.

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