WhatsApp Is Actually Worth More Than $19B, Says Facebook’s Zuckerberg, And It Was Internet.org That Sealed The Deal

TechCrunch

More than a few people were surprised when Facebook said it would pay $19 billion for messaging app startup WhatsApp, but today Facebook CEO Mark Zuckerberg said that he believed it was actually worth more.

“If we can do a good job with WhatsApp [and] grow it, it will be a huge business,” he said today during a keynote presentation at Mobile World Congress in Barcelona.

He also shed a bit of light on why WhatsApp, led by co-founder Jan Koum, became interested in a Facebook exit — by all accounts, a tie-up that Koum in 2012 claimed was not a route he would have wanted to take: it was because of Internet.org, the Facebook-led initiative to bring internet connectivity to developing economies.

“Why were we excited to do this together? It was the Internet.org vision and how we can connect the world,” Zuckerberg said. While Koum and WhatsApp also…

View original post 648 more words

Please Leave a Reply. Thank You.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s