Mark Zuckerberg, CEO of Facebook, purchased WhatsApp in 2014 for a total of $19 billion. Facebook had made multiple attempts to buy the popular messaging app, but the deal wasn’t finalized until October of 2014.
WhatsApp was founded in 2009 by Jan Koum and Brian Acton, two former Yahoo employees. After its launch, WhatsApp quickly rose to become one of the most popular messaging apps in the world. It had over 450 million active users as of February 2014 and was growing rapidly at the time of its acquisition.
Facebook’s acquisition marked one of the biggest technology deals ever seen at that time. The company paid a hefty sum for WhatsApp – $4 billion in cash and $12 billion worth of Facebook stock – but it was a price Zuckerberg was willing to pay for the app’s user base and reputation. The social media giant also agreed to pay an additional $3 billion in restricted stock units (RSUs) to WhatsApp’s founders and employees if they stayed with Facebook for four years after the deal closed.
The acquisition wasn’t without controversy though, as some people felt that Facebook had overpaid for WhatsApp. Nonetheless, it has proved to be a wise investment as WhatsApp has continued to grow since then. As of April 2021, it had over 2 billion active users worldwide.
Conclusion:
Mark Zuckerberg bought WhatsApp in 2014 for a total of $19 billion. It was one of the biggest technology deals ever seen at that time and proved to be a wise investment as WhatsApp has continued to grow since then, with over 2 billion active users worldwide today.
8 Related Question Answers Found
In February 2014, Facebook CEO Mark Zuckerberg announced that his company would acquire WhatsApp, a popular mobile messaging app. The deal was worth an incredible $19 billion and marked one of the largest acquisitions in technology history. It also gave Facebook instant access to WhatsApp’s 450 million users and allowed them to continue their growth into the future.
In 2014, Facebook CEO Mark Zuckerberg made international headlines when he acquired the popular messaging application WhatsApp for an unprecedented $19 billion. The acquisition was seen as a major step forward for Facebook, which had been struggling to compete in the rapidly evolving world of mobile communication. But did Zuckerberg actually buy WhatsApp?
Did Mark Zuckerberg Sell WhatsApp? The answer to this question is a bit complicated, as it depends on who you ask. On one hand, some people believe that Facebook CEO Mark Zuckerberg did indeed sell WhatsApp.
The rumors of the sale of WhatsApp to Mark Zuckerberg have been swirling around the internet since early 2014. The social media giant has long been rumored to be interested in buying the messaging app, and now it looks like it’s finally happening. On February 19th, Facebook announced that they had entered into an agreement to acquire WhatsApp for a whopping $19 billion.
In 2014, Mark Zuckerberg, CEO of Facebook Inc., bought the messaging app WhatsApp for an astounding $19 billion. At the time, it was the largest acquisition in Facebook’s history and one of the largest acquisitions in US tech industry history. The purchase raised eyebrows across the tech world, as many questioned why Zuckerberg would pay such a hefty sum for an app with no revenue stream.
The debate about whether WhatsApp was sold to Mark Zuckerberg has been ongoing for some time now. This debate is not only among tech enthusiasts, but also among investors and the general public. To some, it is a done deal and to others, it remains an open question.
In February 2014, it was announced that Mark Zuckerberg, the founder and CEO of Facebook, had purchased the popular messaging platform WhatsApp for a whopping $19 billion. This news came as a shock to many people, especially those in the tech industry, as it was one of the largest acquisitions in tech history. WhatsApp had gained immense popularity since its launch in 2009.
When Facebook announced that it was buying WhatsApp in February 2014, the internet was abuzz. It was a staggering sum of $19 billion USD that was paid for a company that had only 55 employees and no revenue. It seemed like Facebook CEO Mark Zuckerberg had pulled off an incredible coup, but more than five years later, the question remains: did WhatsApp really sell to Mark Zuckerberg?
