Thursday, February 20, 2014

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Facebook Pays $19 Bn to WhatsApp, for 5 Years Back Mistake

  • Thursday, February 20, 2014
  • John Marshall
  • WhatsApp's co-founder Brian Acton and Jan Koum were rejected by Facebook for Job in 2009, but now they are paying them a whopping amount of $19 billion dollars, for the creation WhatsApp Messenger which is a cross-platform instant messaging subscription service for Smartphones.

    All it was karma for Koum and Brain, who are indeed lucky, that they were rejected for the job applied for, which led them to create a $19 billion dollar company and also selling it to the same Social Platform Giant, that denied them for a Job. Probably this would be one of the biggest mistakes, by Facebook and Mark Zuckerberg, which costed him and Facebook a $19bn bill.

    The story of Brain, was same as another rejected candidate, with distress, that FB had turned him down, but eager to think, what was next. His constant thinking got into involved with Jan Koum, who was a Ukrainian immigrant whose childhood experience of Soviet era surveillance gave the inspiration to go ahead and build SMS giant application platform the WhatsApp messaging service, which has turned both of them into billionaires in just four – five years.

    Koum started off selling stamps, has now signed one of the biggest deals in Sillicon Valley in recent months. With Koum’s childhood going through tough situations in a village outside Kiev and dropped out of San Jose State University, Acton, a Stanford computer science graduate, who met each other at Yahoo, which went ahead and turned into one of the biggest SMS platforms ever.

    When asked about the motive behind creating WhatsApp, Koum replied that back in his childhood, in his country where phones were tapped and everything they did was spied and recorded, and that’s something inspired me, as no one has the right to eavesdrop, that made me escape the country and get into the land of dreams, where you have democracy and freedom of speech.

    Brian was the 44th employee at Yahoo Inc. In 1997, and met Koum, who was working as a security tester, but later joined Yahoo as a infrastructure engineer, however after nine years together in Yahoo, they both left on 2007 and went on a off for a year and applied in Facebook for a Job, but they were turned down by the Social Gigantic Platform, which led them both to build the $19 Billion WhatsApp, a thought of the App name that came from the casual word What’s up. 

    1 Responses to “Facebook Pays $19 Bn to WhatsApp, for 5 Years Back Mistake”

    Unknown said...
    April 22, 2014 at 10:48 PM

    The deal happened only months after a venture capital financing round valued the business at almost $1.5 billion..whatsapp spy software free download


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