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Posted On: 05/01/2019 4:52:02 PM
Post# of 6614
Re: ready2gorstay #3563
To keep things in perspective...
The client application was created by WhatsApp Inc. of Mountain View, California, which was acquired by Facebook in February 2014 for approximately US$19.3 billion.[49][50] By February 2018, WhatsApp had over one and a half billion users,[51][52] making it the most popular messaging application at the time.
In April 2011, Sequoia Capital invested about $8 million for more than 15% of the company, after months of negotiation with Sequoia partner Jim Goetz.[54][55][56]
By February 2013, WhatsApp had about 200 million active users and 50 staff members. Sequoia invested another $50 million, and WhatsApp was valued at $1.5 billion.[12]
In a December 2013 blog post, WhatsApp claimed that 400 million active users used the service each month.[57]
WhatsApp, a text messaging app used widely across the globe, stole headlines with its initial $16 billion bid from Facebook. In 2013, the app lost $138 million and brought in $10.2 million in revenue.
The client application was created by WhatsApp Inc. of Mountain View, California, which was acquired by Facebook in February 2014 for approximately US$19.3 billion.[49][50] By February 2018, WhatsApp had over one and a half billion users,[51][52] making it the most popular messaging application at the time.
In April 2011, Sequoia Capital invested about $8 million for more than 15% of the company, after months of negotiation with Sequoia partner Jim Goetz.[54][55][56]
By February 2013, WhatsApp had about 200 million active users and 50 staff members. Sequoia invested another $50 million, and WhatsApp was valued at $1.5 billion.[12]
In a December 2013 blog post, WhatsApp claimed that 400 million active users used the service each month.[57]
WhatsApp, a text messaging app used widely across the globe, stole headlines with its initial $16 billion bid from Facebook. In 2013, the app lost $138 million and brought in $10.2 million in revenue.
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