Is Rejection – a factor that makes you crazy or perseverance

Silicon Valley giant “Facebook” announced the acquisition of messaging platform WhatsApp for a total deal of worth $19 billion . The massive deal appears to be Facebook’s biggest purchase yet after the Instagram acquisition for $1 billion.

Evan Spiegel, the co-founder and chief executive of messaging service Snapchat has declined the offer from facebook worth $3 billion by saying NO ,Not interested.  Some reports were indicating that Spiegel is holding for a better offer.

WhatsApp co-founder Brian Acton who confirms his rejection by Facebook & Twitter in 2009 through tweet

Facebook turned me down. It was a great opportunity to connect with some fantastic people. Looking forward to life’s next adventure.

Got denied by Twitter HQ. That’s ok. Would have been a long commute.

now becomes the part of “Big Blue” of Silicon Valley “Facebook” through his perseverance.

Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.

Started in 2009, the Company only raised $8 million and today is used by 450 million users globally across their mobile devices per month. Another remarkable stat is that – it only has 50 employees and never embraced the advertising model, only recently starting a $0.99/a year subscription model.
We wish Whatsapp Team for best with their future work. Congrats !
Let’s see how the two giants Facebook and Whatsapp will come together to us. 🙂