Whatsapp ( history , fb allience and intresting facts about whatsapp)

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this slide contains brief and to the point information about the most successful messaging app WHATSAPP key points:: * history information * how Whatsapp became so popular * interesting facts related to the facebook and whatsapp . * some interesting and unknown key points regarding Whatsapp.

Transcript of Whatsapp ( history , fb allience and intresting facts about whatsapp)

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2. HISTORY: WhatsApp Messenger is a proprietary, cross-platform instant messaging Subscription service for smartphones and selected feature phones that uses the internet for communication. WhatsApp Inc. was founded in 2009 by US citizens Brian Acton and Jan Koum (also the CEO), both former employees of Yahoo!. the application eventually launched in November 2009 exclusively on the App Store for the iPhone. Unofficial WhatsApp applications have been made for unsupported platforms such as webOS (MojoWhatsup), MeeGo (Wazzup) and Firefox OS (ConnectA2). 2 3. HOW IT BECAME SO POPULAR :: All you need to sign up is your phone number. WhatsApp tapped into your contact list to display friends already using the app. 2G & 3G data plans paved the way for affordable messaging across borders (all you need for WhatsApp is an internet connection). Free for a year and $0.99 a year for unlimited messages. MMS was rarely used due to its cost, WhatsApp made it affordable with its photo sharing feature. Cross platform compatibility (still includes Symbian!!) saw users in emerging marketing jump on the bandwagon. Heres a short list that contributed to its increasing usage since 2009 : 3 4. FACEBOOK-WHATSAPP DEAL: 1.Facebook's largest acquisition ever :: WhatsApp is Facebook's largest-ever acquisition. The social networking giant will pay $4 billion in cash and $12 billion worth of shares for WhatsApp. But the ultimate cost of the deal is $19 billion, with WhatsApp employees and founders receiving an additional $3 billion in restricted stock units of Facebook. The acquisition dwarfs the $1 billion that Facebook paid for photo-sharing service Instagram. Several analysts had termed Instagram acquisition expensive. But now, Facebook is paying $42 per user with the deal. 4 5. 2. Deal bigger than any Microsoft, Google, Apple deal ever :: The WhatsApp acquisition is one of the IT industry's biggest deals. It is larger than any that Google, Microsoft or Apple have ever done. Google's biggest deal was its $12.5 billion purchase of Motorola Mobility, while Microsoft's biggest acquisition deal was of Skype at $8.5 billion. Apple, on the other hand, has never cut a deal above $1 billion. 5 6. 3. Informal talks went for over two years :: Surprisingly, informal discussions between the two companies had been going for two years. Facebook founder Mark Zuckerberg first reached out to WhatsApp co-founder Jan Koum in 2012. The two reportedly met at a coffee shop in California. However, the deal started shaping up earlier this month when Koum went to Zuckerbergs house in Palo Alto for dinner. According to reports, this is when the conversation about a possible deal became serious. Zuckerberg is said to have proposed that the two companies join together and Koum join Facebook's board. 6 7. 4. Biggest-ever internet deal :: According to Bloomberg data, the WhatsApp acquisition is one of the biggest internet deals since Time Warner's $124 billion merger with AOL in 2001. Also, as per Dow Jones VentureSource, the deal is the largest acquisition ever of a venture capital-backed startup. 7 8. 5. Googles unusual offer to WhatsApp :: WhatsApp also reportedly received an unusual offer from Google that it is said to have turned down. Google reportedly offered to pay WhatsApp in exchange for the right to be notified if the messaging app ever entered into acquisition talks with another company. A report in Fortune claims that Google even offered to outrightly purchase WhatsApp for $10 billion. The offer is said to be sans the promise of a seat on Google's board for Koum, unlike the Facebook agreement. 8 9. 6. Facebook denied WhatsApp co-founder job in 2009 :: In his pre-WhatsApp days, the company's co-founder Brian Acton applied for a job at Facebook. However, he failed to make the cut at the social networking giant. In a tweet on August 4, 2009, he wrote, "Facebook turned me down. It was a great opportunity to connect with some fantastic people. Looking forward to life's next adventure." 9 10. 7. WhatsApp in numbers :: WhatsApp boasts of 450 million monthly users, 72% of whom use it every day. There are 19 billion messages sent and 34 billion received via WhatsApp each day, in addition to 600 million photos and 100 million video messages. WhatsApp has reached its 450 million active users base faster than any other company in history. Whatsapp's monthly user base tops even that of Facebook (145 million), Gmail (123 million), Twitter (54 million) and Skype (52 million). In fact, its messaging volume is approaching the entire global telecom SMS volume. 10 11. 8. WhatsApp founder has Ukrainian roots :: WhatsApp's co-founder and CEO Jan Koum is a Ukrainian immigrant, who grew up mostly in the Ukraine, before moving to the US as a teenager. The family is said to have lived on food stamps given out to the needy in the US. In fact, according to a report in Forbes, Koum, the other co-founder Brian Acton, and venture capitalist Jim Goetz of Sequoia, drove a few blocks from WhatsApp's headquarters in Mountain View to a disused white building across the railroad tracks, the former North County Social Services office where Koum, once stood in line to collect food stamps. This is where they sealed the Facebook deal. 11 12. 9. Breakup fee :: Facebook will have to pay $2 billion if its acquisition of WhatsApp fails to get necessary approvals. "In the event of termination of the merger agreement under certain circumstances principally related to a failure to obtain required regulatory approvals, the merger agreement provides for Facebook to pay WhatsApp a fee of $1 billion in cash," Facebook said in a statement. 12 13. FACTS ABOUT WHATSAPP :: 13 14. Sequoia capital invested $8 million in 2011. 70% of the users are active on a daily basis. They currently employ 50 people. 32 engineers working on whatsapp. The app is the 5th most download app on Andriod. Whatsapp spent ZERO cash on marketing, PR and user acquisition . Whatsapps messaging volume is approaching the entire global telecom SMS volume. On december 31st 2013 users sent a total 54 billion messages during the day (3X increase from 2012). 14