How the founder of WhatsApp Jan Koum got rich in a few years
From poor Jan Koum became a billionaire. Low white building in Mountain View, in the heart of Silicon Valley. Five steps lead to a relatively empty former building of the local authorities for social support. Koum right here, leaning against the door, signed documents stamped one billionth transaction. About $ 19 billion he sold his business on Facebook.
Koum is aware of the symbolism of this place, so there had specially hired photographer, as the photos in the magazine Forbes. Earlier, he had to rely on the services of the department and is lining up for food stamps. At age 16 he came to California with his mother from a village in Ukraine. Family earn money by watching children and clean in supermarkets. Today, 37 years on Koum will not have to worry about money. Forbes estimates that as founder and CEO he will receive 6.8 billion for its 45% SHARE. In addition, it comes in and the Board of Directors of Facebook.
With WhatsApp Koum create a phenomenon. Within only five years application headlines icon with green headset replace SMS- s for many young people as the preferred means of communication. WhatsApp is cool and perfect for chatting with friends – and SMS- off is reliable and suitable for messages to parents . Meanwhile, about 450 million people have downloaded the application. And every day they were joined by 1 million new users.
Only a small team of about 50 employees make this revolution in chat. Now all in one fell swoop will become multimillionaires – in the end they get rights to shares worth a total of three billion dollars. For comparison – Facebook manages the accounts of its 1.2 billion consumers with about 5800 employees.
Jan Koum always wanted to open up new channels of communication. Primarily inspired him communicating with his father – he has not emigrated to the U.S. in the nineties , and telephone calls were expensive and uncertain.” We can not talk about who knows who bugged us now,” said his father is sometimes. Koum begins to realize that he needs alternatives that are easier to use and safer.
In 1997 his father died in Ukraine and in the same year he was already a student and began working as an intern at the consulting firm Ernst & Young. There he met and met another future co-founder Brian Acton WhatsApp . They began working on Yahoo. As the mother of Koum died in 2000 from cancer, Acton takes care of his colleague and the two became good friends. Together and play soccer for years, traveling through South America.
I went back to California Koum buys the first iPhone in 2009 – and immediately noticed what was wrong . What are they doing at this time his friends – this thing will use. Inspired by the booming industry of the applications , and Acton Koum based on 24 February 2009 WhatsApp Incorporated, just a few blocks from the Welfare Office that Koum knows so well. The application that originally served only to share status messages , like Facebook, is born Chat program WhatsApp – serious competition for the social network.
And WhatsApp became greater. And attractive takeover. Although long- circulating rumors that Google or Facebook can take service chat industry deal was somewhat surprising. Only last year Koum even had rejected such an option.
But as reported by New York Times, Koum already met in the past two years regularly with the CEO of Facebook Mark Zuckerberg . In recent days, the situation suddenly becomes specific. On February 9, Zuckerberg offers the founder of WhatsApp to act together. Koum was interested and visited Zuckerberg Valentine at his home in Palo Alto. Eating chocolate and strawberries they agree : Facebook paid 16 billion U.S. dollars for WhatsApp cash and stock assets. Over the next four years will be added and Facebook shares worth $3 billion.
So now WhatsApp enter into the empire of Facebook, and Koum trying to keep independence. So far WhatsApp make money with one-time fee for download – for IOS application costs 89 cents, the owners of Android phones can use the application free for a year and then wants a fee of 99 cents. Many consumers are worried that with the acquisition by Facebook application could be flooded with ads. Koum is aware of these problems and try to rebut them. WhatsApp blog he wrote: ” You can rely on and be absolutely sure that your ad will continue not to interrupt your conversation.”
It will be interesting to see how WhatsApp will deal with privacy. Facebook new owner often falls under criticism because of their obsession with data collection. So far, the founder of WhatsApp Koum is known as the protector of personal information – although its application is not the best reputation among privacy advocates , it imports data from the phone’s address book. In his public confession Koum just sounds different. ” Data security is an important topic,” says he again and again. Not least because of his personal history . He still remembers how he felt in the Soviet Union, when ” the walls have ears.”http://szlifestyle.com/sz/2014/02/24/how-the-founder-of-whatsapp-jan-koum-got-rich-in-a-few-years/TECH NEWSfacebook,WhatsAppFrom poor Jan Koum became a billionaire. Low white building in Mountain View, in the heart of Silicon Valley. Five steps lead to a relatively empty former building of the local authorities for social support. Koum right here, leaning against the door, signed documents stamped one billionth transaction. About...Nicolas T.Nicolas T.firstname.lastname@example.orgAdministratorNicolas T. is a writer/editor of szlifestyle.szlifestyle.com Tech News, Life Style, Reviews, Videos!