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> 'It was not extraordinarily money-making, and if you have a billion users ... you're going to have $1 billion in revenue per year," he said. "That's not what
by rum3 8y ago
> 'It was not extraordinarily money-making, and if you have a billion users ... you're going to have $1 billion in revenue per year," he said. "That's not what Google and Facebook want. They want multibillions of dollars."
> Acton said they pushed for a model that would charge users $1 a year instead of using an advertising model for profit.
So first he sells out his company because he is not happy being rich, he wants to be filthy rich. And now afterwards he is pretending like he actually cares about users and normal people, and is calling out someone else for being greedy.
- rando444 8y agoHe could have been filthy rich if he would have gone through the whole thing. He walked out on the deal early leaving a huge amount of money on the table because he disagreed with the direction Facebook was taking with whatsapp.
- rum3 8y ago> Acton told Forbes that he left over a dispute with Facebook regarding monetization of WhatsApp, and voluntarily left $850 million in unvested options on the table by leaving a few months before vesting was completed. (Source: Wikipedia) I am not even sure what this means but it does not change the fact that he co-founded whatsapp and he did sell it to Facebook in 2014 and it was very clear even back then that they had no good intentions. Also, he IS filthy rich even without these 850 million.