Connect with us

Entrepreneur Stories

Reddit Unknown Facts

Published

on

Reddit Unknown Factsm,2019 Best Motivational Stories, Important Facts about Reddit, Interesting Facts about Reddit, Reddit Facts and History, Reddit Amazing Facts, Reddit Facts 2019, Reddit Latest News, Real Facts about Reddit, Craziest Facts Reddit,startup stories

Co founded by Alexis Ohanian and Steve Huffman on the 23rd of June 2005, Reddit is today one of the most widely used websites in the world. While you may be an avid Reddit user, there is so much still to be discovered about the platform. Here is taking a look at some unknown facts about Reddit:

1. “Dear Fellow Geeks: WTF?”

Reddit

While free speech is a part of the constitution, it isn’t looked at the right way on Reddit. In the year 2013, looking at the rampant use of sexual language on Reddit, founder Alexis Ohanian wrote an open letter to all his employees asking them to reduce the use of sexual innuendos and language on Reddit. The title of his letter was, you guessed it right, “Dear Fellow Geeks: WTF?” Way to drive the point home!

2. Slip and miss

Reddit

While it is a known fact Reddit created fake profiles to promote its platform in the beginning, it wasn’t known its users did the same. Unidan, one of the most popular users on Reddit, was caught with not one, but 5 accounts on which he would post and promote his content. Extremely popular for his science based reddits and for the way he explained scientific phenomena, Unidan was on the way to acquire celebrity status. That is, till he was caught and his system came crashing down. Talk about a bad fall!

3. The first person to apologize for memes on the internet

The Verge

In July 2017, when a Reddit user posted a video of Donald Trump wrestling Vince McMahon with CNN’s logo placed on McMahon’s head, he created a massive media storm. The storm became ten times bigger when Donald Trump himself tweeted the video and it became viral! An investigative journalist with CNN started digging into the matter and when the user was made public, the unexpected happened. He apologised online for a meme! This has quite literally never happened on Reddit and was a first of its kind, for sure.

4. Want to get roasted? Then use Reddit

Mashable

Taking roasting to an all new level, Reddit lets people (also masochists) use the subreddit r/roastme. This subreddit lets masochists post pictures of themselves with a picture saying roast me and voila! You get a roast board all for yourself. If you’re in the mood to roast a totally random stranger, then this is where you should go.

5. Almost no money spent on advertising

Reddit

Reddit is perhaps the only company in the world to get so big without spending much money on advertising. The only money Reddit spent on advertising was when they got stickers made. The team spent $ 500, as of 2012, on making and distributing the stickers, with literally no money spent on anything else! Talk about good word of mouth publicity!

6. “Today I don’t feel like doing anything”

Reddit

We all have those days when we want to do absolutely nothing. Employees at Reddit were no different. Procrastination is their middle name. One employee took things so far, he employed people from China to do his actual work and spent hours surfing through Reddit instead! Such a stroke of genius!

7. What came first?

Imgur

Just like the chicken or the egg situation, people wondered about whether the Reddit name came first or the logo. Worry no more because we have the answer for you. For Reddit, the logo came first! Called Snoo, the Reddit mascot is a genderless blob with no fingers. Alexis Ohanian first drew it while as a student at the University of Virginia. So popular is Snoo, Reddit has urged several subreddits to add their own personal touch to Snoo! Why worry when you have art?

Popularly known as the front page of the internet, Reddit definitely has a lot going. If you think we missed out on any other facts about Reddit, comment and let us know!

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

Meta’s Upcoming AR Glasses: A Sneak Peek

Published

on

Meta’s Upcoming AR Glasses: A Sneak Peek,Startup News,Startup Stories 2025,Startup Stories India,Tech News,Meta,AR Glasses,Ray-Ban Smart Glasses,OLED displays,Qualcomm Snapdragon,AR and AI,Meta unveils new AR glasses with heart rate monitoring,Meta’s Upcoming AR Glasses,Meta News,Meta Latest News,Meta Updates,Meta Latest Updates,Orion AR glasses,Meta AR glasses,Meta's upcoming ar glasses,Meta Upcoming AR Glasses,Meta AR Glasses News,Meta AR Glasses Latest News,Meta AR Glasses Update,Meta AR Glasses Latest Update,Ray-Ban,Marketing,Apple,Google,Meta's AR glasses with Mark Zuckerberg,Mark Zuckerberg,Mark Zuckerberg Latest News,Mark Zuckerberg News,Technoly,Electronics,

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.

Continue Reading

Entrepreneur Stories

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

Published

on

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

Continue Reading

Entrepreneur Stories

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

Published

on

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.

Continue Reading
Advertisement

Recent Posts

Advertisement