LostBird :)ย โขย 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 billion valuation just a year prior. Deal Breakdown - $4 Billion in Cash: Immediate payment. - $12 Billion in Facebook Shares: Long-term investment. - $3 Billion in RSUs: Incentives for founders and employees over four years. What are Restricted Stock Units (RSUs)? RSUs are shares given to employees that vest over time, incentivizing them to stay with the company. For WhatsAppโs founders, these RSUs were scheduled to vest over four years. Impact Sequoia Capital saw a 5,000% return. Despite the celebratory news, WhatsApp experienced a service outage shortly after, causing user frustration.
Consumer apps obsess...ย โขย 1y
Did you know ? Snapchat received 3 Billion dollar acquisition offer from Facebook in 2013 they declined the offer and now there current valuation is 15 Billion dollars. Clubhouse received 4 billion dollar offer from Twitter and today they are loos
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Medialย โขย 10m
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 MoreGet in to highest fo...ย โขย 1y
As of 2024, the top 20 companies by market valuation are: 1. **Microsoft**: $3.32 trillion 2. **Apple**: $3.23 trillion 3. **Alphabet (Google)**: $2.27 trillion 4. **Saudi Aramco**: $2.11 trillion 5. **Amazon**: $1.61 trillion 6. **Nvidia**: $1.48 t
See MoreWork on your ideasย โขย 1y
Nvidia CEO Jensen Huang's net worth has surged from $3 billion to $90 billion in the past five years, primarily due to the soaring value of Nvidia shares. On Thursday, Nvidia's stock reached a record high, boosting Huang's stake value by $7.7 billio
See More19yo โจ #developer le...ย โขย 1y
Meta, formerly Facebook, has unveiled two new open-source AI models called Llama 3 8B and Llama 3 70B, with 8 billion and 70 billion parameters respectively. ๐ These models outperform some rivals and spark debate over open versus closed source AI de
See MoreHey I am on Medialย โขย 8m
There are more than 378 million Facebook users in India alone, making it the leading country in terms of Facebook audience size. To put this into context, if Indiaโs Facebook audience were a country then it would be ranked third in terms of largest p
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