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there was some large donation by the WhatsApp cofounder who made millions of dollars from FB

• aparsons 6y ago
  try billions* :)
  • joshstrange 6y ago
    He made ~3.8B from that sale according to speculation [0] (Sold for $19B, speculation puts him at 20% ownership). He has put $50M into Signal [1]. [0] https://www.forbes.com/sites/ryanmac/2014/02/19/whatsapp-founders-become-billionaires-in-19-billion-deal-with-facebook/ https://www.forbes.com/sites/ryanmac/2014/02/19/whatsapp-fou... [1] https://www.wired.com/story/signal-foundation-whatsapp-brian-acton/ https://www.wired.com/story/signal-foundation-whatsapp-brian... EDIT: See sarthakjshetty's comment below, it looks like it's over double that initial $50M investment now. Thank you sarthakjshetty!
    • sarthakjshetty 6y ago
      From the Signal Foundations's Wikipedia page [0], Acton's "donation" of $50M was more of a 0% interest loan, that has now been increased to $104M and due to be repaid in 2068. [0] https://en.wikipedia.org/wiki/Signal_Foundation https://en.wikipedia.org/wiki/Signal_Foundation