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Not sure why you would be dishonest about this when it's easily verifiable to be false[1]. Even ignoring the meager revenues with 600M(!) users, WhatsApp had no
by dvt 4y ago
Not sure why you would be dishonest about this when it's easily verifiable to be false[1]. Even ignoring the meager revenues with 600M(!) users, WhatsApp had no way to realistically meet their equity obligations without a fat exit. And then, FB wanted to make their money back (duh).
[1] https://techcrunch.com/2014/10/28/whatsapp-revenue/ https://techcrunch.com/2014/10/28/whatsapp-revenue/