An awesome list of common misconceptions from Wikipedia.
“Netflix was not founded after its co-founder Reed Hastings was charged a $40 late fee by Blockbuster. Hastings made the story up to summarize Netflix’s value proposition, and Netflix’s founders were actually inspired by Amazon“
“Adidas is not an acronym for either “All day I dream about sports”, “All day I dream about soccer”, or “All day I dream about sex”. The company was named after its founder Adolf “Adi” Dassler in 1949. The backronyms were jokes published in 1978 and 1981.“
““420” did not originate from the Los Angeles police or penal code for marijuana use.California Penal Code section 420 prohibits the obstruction of access to public land. The use of “420” started in 1971 at San Rafael High School, where a group of students would go to smoke at 4:20 pm.“
