🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Rajan Paswan

Stealth • 6m

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 WhatsApp’s 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.

1 replies8 likes
1
Replies (1)

More like this

Recommendations from Medial

Inactive

Stealth • 2m

Zerodha's CTO, Kailash Nadh, revealed that the company has only hired five employees for its tech team over the past four years 💀🗿.

0 replies2 likes
Image Description

Quzun

Stealth • 5m

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 More
6 replies7 likes
1
Image Description

Ujjval Purani

Stealth • 4m

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

See More
3 replies3 likes

DIVYANSHU MHATRE

Stealth • 6m

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 More
0 replies5 likes

Mohit Singh

Stealth • 8m

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. 🚀 These models outperform some rivals and spark debate over open versus closed source AI de

See More
0 replies7 likes

financialnews

Stealth • 3d

"ITC Invests ₹111 Crore in EIH and Leela Mumbai Ahead of Hotel Demerger" "ITC Acquires Stakes in EIH and Leela Mumbai Worth ₹111 Crore Before Hotel Demerger" ITC Ltd Consolidates Stakes in Oberoi and Leela Ahead of Hotel Business Demerger ITC Ltd,

See More
0 replies1 like
Image Description
Image Description

TREND talks

Stealth • 15d

🗣🤯 Jeff Bezos earned over $3 billion in a single day by selling a block of shares at their all-time high 💸 🚀 For those who love counting others' money: that’s $34,700 per second! 💵⏱️

3 replies25 likes
2

Muttu Havalagi

Stealth • 8m

Meta (Facebook's parent company) reported strong Q1 2024 results, with revenue up 27% year-over-year to $36.46 billion and net income up 117% to $12.37 billion. However, the company issued a light Q2 revenue forecast and announced higher capital expe

See More
0 replies3 likes

Mohammed Zaid

Stealth • 1m

Around 70 former and current Swiggy employees stand to make over ₹8.5 crore each ($1 million) with Swiggy's IPO, making them dollar millionaires, Moneycontrol reported. These 70 people are part of a wider group of 5,000 employees jointly earning ₹9,0

See More
0 replies5 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 5m

📌 Hyderabad IT Firm’s Ceo Kidnapped by 8 Employees for Delaying Salaries, Arrested by Police 🤕😨 Four days after the abduction of Ravichandra Reddy, the CEO of Hyderabad-based Gigleaz Pvt Ltd, by some of his employees and consultants over unpaid s

See More
7 replies11 likes
1

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