- WhatsApp founded in 2009 by former Yahoo! employees Brian Acton and Jan Koum
- Sequoia Capital invested $8 million in 2011
- 70% of users are active on a daily basis
- WhatsApp says they are adding 1 million users everyday.
- They currently employ 50 people
- 32 engineers working on WhatsApp, i.e. one engineer is responsible for 14 million active users!!
- 400 million active users in December
- Rising to 450 million active users according to Facebook’s press release
- The app is the 5th most downloaded app on Android
- WhatsApp doesn’t sell ads and zero have appeared on the app
- Twitter and Facebook had the chance to hire founder Brian Acton but didn’t!
- The total value of the deal: $19 Billion ($4 billion in cash, $12 billion in stock, and $3 billion in restricted stock)
- $1 Billion Break-up fee should the deal not go through.
- Jan Koum keeps a note from Brian taped to his desk that reads “No Ads! No Games! No Gimmicks!” To keep them focused on building a pure messaging experience.
- WhatsApp spent ZERO cash on marketing, PR and user acquisition
- WhatsApp’s messaging volume is approaching the entire global telecom SMS volume
- On Dec 31st 2013 users sent a total 54 billion messages during the day (3x increase from 2012)
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