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Lesser Known Facts About Burt Shavitz

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Burt Shavitz is the co founder of the famous American personal care brand Burt’s Bees.  Known as the world’s most famous beekeeper, his face has been gracing every product of the Company since its inception.  Here are some lesser known facts about Burt Shavitz.

Lesser known facts about Burt Shavitz

1) As a child, Burt Shavitz once cycled 100 miles from his parents’ home at Great Neck, N.Y., to Montauk Point and used jails as a way of accomodation.  According to Shavitz, the idea of spending the nights in jails was his mother’s. The police would always inform his mother about his whereabouts and with her permission, let Shavitz spend the night on a prison bench.

2) Shavitz was a famous photographer in Manhattan, but abruptly left the city life and moved to Maine.  Here he lived as a self described “high-class hobo” and did odd jobs to make a living.

3) Shavitz eventually started beekeeping after accidentally stumbling upon a beehive in the woods.  At one point, he had 26 beehives and called them Burt’s bees.

4) Despite being a millionaire, Shavitz preferred to live as a recluse on his 40 acre farm in Maine.

5) He had a simple lifestyle and lived in a farmhouse which did not have any electricity.  He did not have any clocks around his house and scheduled his days around the sun. He would get up at daybreak and sleep when it was too dark to read.

6) Despite being a recluse, Shavitz was an international celebrity and would go on foreign trips where he would be greeted by screaming fans wearing bee costumes.

7) While Shavitz remained unlisted in the phone book, his two golden retrievers Rufus and Pascha had their names listed.  His dogs were his only companions in life and Rufus passed away in Shavitz’s arms. Shavitz would Skype with Pascha during his international trips.

8) He met his future business partner, Roxanne Quimby on the roadside when Quimby was hitchhiking. 

Which of these unknown facts about Burt Shavitz surprised you the most?  Comment below and let us know.

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Entrepreneur Stories

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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