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> 16 billion dollars for a 24(?) person company with no revenue. You are minimizing the impact of WA….. by a lot. At that time, almost all the smartphone users
by mandeepj 4y ago
> 16 billion dollars for a 24(?) person company with no revenue.
You are minimizing the impact of WA….. by a lot. At that time, almost all the smartphone users in India were using WA. The transaction gave FB all of those ~half billion users in just one shot.
It’s notable here that none of the founders of IG and WA are with Meta today - due to ethical differences.