🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Vrishank

Startups/VC/tech • 1y

How sequoia took a billion dollar revenge on Mark Zuckerberg 👇 In 2004, Sequoia approached Mark, they wanted to invest in Facebook, but Mark was not really interested to raise funds from them, so he decided to go to meet the partners in a pyajma and made a ppt which read "10 reasons you should not invest in our startup". Partners at sequoia were not really happy with his behaviour. Fast forward to 2014, Facebook acquired WhatsApp for a whooping 19 billion dollars. And guess who was the only investor in WhatsApp? None other than Sequoia. 😀 Sequoia invested around 61 million dollars in WhatsApp in exchange for 18 percent stake and in 2014 when Facebook acquired WhatsApp, they had to pay Sequoia $3 billion for that 18 percent stake in the company. Which is a 50x return btw. Not just with WhatsApp, but sequoia also got a little revenge when Facebook acquired Instagram in 2012. They again had to pay Sequoia millions of dollars. Finally, Sequoia had the last laugh in this saga. 😀

15 Replies
8
42
Replies (15)

More like this

Recommendations from Medial

Image Description

Rajan Paswan

Honorary Mentions - ... • 1y

WhatsApp's $19 Billion Acquisition by Facebook Explained!! On February 19, 2014, Facebook acquired WhatsApp for $19 billion, making it the largest purchase of a venture-capital-backed company at that time. This acquisition followed WhatsApp's $1.5 b

See More
1 Reply
1
8
Image Description

Vivek kumar

On medial • 6m

Here’s a short overview of major funding agencies and their operations: 1. Sequoia Capital (USA) Invested In: Apple, Google, Airbnb, WhatsApp. Source of Funds: High-net-worth individuals, pension funds. Returns: WhatsApp investment generated $6.3

See More
3 Replies
5
14
Image Description
Image Description

Krish Jaiman

Passionate about tec... • 1y

Imagine tomorrow morning 🌄, you wake up and WhatsApp ask you to pay if you want to message your friend.Will you pay or you will just uninstall WhatsApp. If you would have been WhatsApp user before 2016, you might have paid for it .Yes, WhatsApp char

See More
3 Replies
5
Image Description

Chamarti Sreekar

Passionate about Pos... • 7d

Mark Zuckerberg doesn’t believe in interviews. Instead, he asks ONE question to decide if someone's "fit for Facebook." It's so powerful, it built his $100+ Billion leadership team. checkout this video about Mark zuckerberg on Hiring

1 Reply
1
6

Vishu Bheda

 • 

Medial • 9m

Mark Zuckerberg coded Facebook. This woman monetized it. When Sheryl Sandberg joined, Facebook had almost no revenue. But when she left: $118 Billion. 2008: Facebook, the coolest kid on the internet block. Problem? They're burning cash faster th

See More
Reply
1
4
Image Description
Image Description

Vishu Bheda

 • 

Medial • 8m

Google tried to buy this zero-revenue startup for $1 Billion. Then Mark Zuckerberg countered with a $19 BILLION offer & everyone called him insane. Now, that "startup" is used by 2 Billion people. How Mark Zuckerburg quietly made the best tech inv

See More
8 Replies
6
21
Image Description
Image Description

Sandeep Siddi

The group • 1y

Major Acquisitions by BlackRock - Barclays Global Investor (BGI) - Acquired in 2009 for $13.5 billion, including the iShares ETF platform - Merrill Lynch Investment Management - Acquired in 2006 for $9.7 billion - eFront - Acquired in 2019 for $1.3

See More
5 Replies
2
7
Image Description
Image Description

Kalash

21. Curious, optimis... • 3m

Throwback to Aug 2023: I was in full-on Mark Zuckerberg mode. Thought I was building the next Facebook. I had this line on loop in my head: “A million dollars isn’t cool. You know what’s cool? A billion dollars.” Spoiler: That mindset is NOT cool.

See More
5 Replies
4
15
Image Description
Image Description

M S Shaikh

Hey I am on Medial • 1y

I think in future billion Dollars profitable Company will be a influencer brand

3 Replies
4

vishakha Jangir

 • 

Set2Score • 7m

Facebook strategic investment journey 💙!! ⇢ launched in 2004 as "The facebook" for college students, creating exclusivity. ⇢ Opened to the public in 2006, rapidly growing with the introduction of news feed. ⇢ Monetized in 2008 with targeted ads

See More
Reply
1
6

Download the medial app to read full posts, comements and news.