Ever since its inception in 2004, Facebook has become a part and parcel of our lives. Over the years, it grew into one of the largest social media platforms in the world. Today, Facebook has more than 2 billion active global users. Started as a college project, Facebook redefined the way the world connects. Here are some interesting facts about this social media giant.
Unknown facts about Facebook
1) Before Facebook, Mark Zuckerberg, who was a coding buff, developed Facemash as a part of his project at Harvard University. Facemash complied two pictures and placed them next to each other, asking users to choose who looked better. Facemash gained immense popularity in Harvard after going live. This provoked Zuckerberg to improvise it into Facebook.
2) American actor Al Pacino was the first face of Facebook. The site initially displayed a header image featuring a man’s face hidden behind a binary code. It was later found out, the man was none other than Al Pacino.
3) Facebook is blue because of the founder’s red-green colorblindness. In an interview, Zuckerberg once said, “Blue is the richest color for me — I can see all of blue.”
4) The Like button on Facebook was initially planned to be called ‘Awesome.’ Facebook’s engineer, Andrew Bosworth, said he was keen on naming the button ‘Awesome,’ but Zuckerberg was against it and the button eventually went on to be called ‘Like.’
5) Peter Thiel, the co founder of PayPal, was the first major investor to support Facebook. Thiel, recognizing the site’s potential, gave around $ 500,000 to Facebook in the year 2004.
6) Many companies like Microsoft, Yahoo and Google tried to buy Facebook, but Zuckerberg remained adamant about not selling it.
7) Facebook’s user base grows by eight people every second, that is, 7,246 people every 15 minutes.
8) With 122.3 million likes for his page, Cristiano Ronaldo is the most popular person on Facebook. Shakira is second, with 101.2 million likes.
9) Anything you type in the status update box, even if you don’t post it, will be sent and stored on Facebook servers.
10) 4th February is celebrated as Friends Day and Facebook was launched on 4th February 2004, in honour of this day.
Which of these facts about Facebook did you like the most? Comment below and let us know.
Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.
The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.
Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio
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.
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