If you compare what Jan Koum, WhatsApp co-founder, has said in recent years with Mark Zuckerberg quotes, you can have a better sense of the kind of business Facebook is getting for their $19 billion in cash and stock. Two people but a common vision.
“We are providing a richness of experience and an intimacy of communication that e-mail and phone calls simply can’t compare with.” Jan Koum, The New York Times.
“The reality is that there are very few services that reach a billion people in the world. They’re all incredibly valuable, much more valuable than that.” Mark Zuckerberg, Mobile World Congress 2014.
“We focus a lot on the quality of experience, speed, reliability. It’s not sexy from a lot of people’s perspective, it’s not glitzy in the feature set, but it’s what people come to rely on.” Jan Koum, The Financial Times.
“Nobody can revolutionize Internet only. Adapt basic Internet services, even free, generate more investments and benefits. This is good, useful and creates jobs.” Mark Zuckerberg, Mobile World Congress 2014.
“We do have a manifesto opposing advertising… We’re proud of that. Who likes advertising? We’re so bombarded with ads so much in our daily lives and we felt that smartphones aren’t the place for that.” Jan Koum, German wire service DPA.
“Facebook will keep on being free.” Mark Zuckerberg, Mobile World Congress 2014.
“The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” Mark Zuckerberg.
“Here’s what will change for you, our users: nothing,” Jan Koum on his blog.
“The question isn’t, ‘What do we want to know about people?’, It’s, ‘What do people want to tell about themselves?’ Mark Zuckerberg.
** On February 19, 2014, Facebook Inc. announced it is acquiring WhatsApp Inc. for US$19 billion. It has been the most important news of the month. Fb will pay $4 billion in cash, $12 billion in Fb shares and $3 billion in restricted stock units.
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