Facebook rejected WhatsApp co-founder for a job in 2009
Facebook is putting huge concern on mobile with an enthralling cash deal worth up to $19 billion for the viral smartphone messaging service WhatsApp.
The surprisingly amazing, mega-deal which was announced on Wednesday props up the world’s largest social network having more than 1.2 billion members, with over 450-million-“strong” WhatsApp, which will now be running seperately with its own board.
WhatsApp was founded in 2009 by an American, Brian Acton and an Ukrainian, Jan Koum. The enterprise represents quite like a setback for the duo, who both formerly worked at Yahoo. Days back when they didn’t even found Whatsapp, reports claim that the founder of Whatsapp, Brian Acton was rejected for jobs at Facebook and Twitter. As of November 10, 2013, WhatsApp had over 190 million monthly active users, 400 million photos are shared each day, and the messaging system handles more than 10 billion messages each day. In a December 2013 blog post, WhatsApp claimed that 400 million active users use the service each month.On February 19, 2014, Facebook announced it is acquiring WhatsApp for US$16 billion. Facebook will pay $4 billion in cash and the remaining $12 billion in Facebook shares. It calls for an additional $3 billion in restricted stock units to be granted to WhatsApp founders and employees that will vest over four years.
Here’s a tweet by Brian Acton in 2009 :
Facebook turned me down. It was a great opportunity to connect with some fantastic people. Looking forward to life’s next adventure.
— Brian Acton (@brianacton) August 3, 2009
Here’s another from May 2009:
Got denied by Twitter HQ. That’s ok. Would have been a long commute.
— Brian Acton (@brianacton) May 23, 2009
However, Jan Koum, the co-founder of Whatsapp, who is set to join Facebook under this surprising deal, said: “WhatsApp’s extremely high user engagement and rapid growth are driven by the simple, powerful and instantaneous messaging capabilities we provide.”
Following his blog post, he said, “Almost five years ago we started WhatsApp with a simple mission: building a cool product used globally by everybody. Nothing else mattered to us.”
The tie-up gives WhatsApp “the flexibility to grow and expand,” Koum said.
The acquisition represents likely the biggest-ever price for a tech startup, trumping the $8.5 billion paid for Skype – which allows users to make voice and video calls over the Internet – by Microsoft in 2011.
“The size of this deal is really massive and it will get people talking about a bubble,” Greg Sterling at Opus Research told AFP.