Sequoia Capital and the numbers behind the WhatsApp-Facebook deal
SOCIAL: Whilst the deal by Facebook to buy mobile messaging service WhatsApp for an eye-watering $16 billion has left many either scratching their heads in disbelief or thrilled for its founders, there are also others involved – not least its sole venture backer Sequoia Capital. Its punt on the company is a lesson in both pitching and partnership. Read more on Sequioa Capital blog.
It’s a spectacular milestone for the company’s co-founders Jan Koum and Brian Acton, and its remarkable team. While others sought attention, Jan and Brian shunned the spotlight, refusing even to hang a sign outside the WhatsApp offices in Mountain View.
As competitors promoted games and rushed to build platforms, Jan and Brian remained devoted to a clean, lightning fast communications service that works flawlessly.
This approach has served WhatsApp well and its users better.
NB: Facebook-WhatsApp image via Shutterstock.
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