2/27/2024 0 Comments Whatsapp inc. wiki![]() In a December 2013 blog post, WhatsApp claimed that 400 million active users use the service each month. Sequoia invested another $50 million, valuing WhatsApp at $1.5 billion. īy February 2013, WhatsApp's user base had swelled to about 200 million active users and its staff to 50. The founders agreed to take $7 million from Sequoia Capital on top of their $250,000 seed funding, after months of negotiation with Sequoia partner Jim Goetz. By early 2011, WhatsApp was in the top 20 of all apps in Apple's U.S. In December 2009 WhatsApp for the iPhone was updated to send photos. WhatsApp was switched from a free to paid service to avoid growing too fast, mainly because the primary cost was sending verification texts to users. Koum then hired an old friend who lived in Los Angeles, Chris Peiffer, to make the BlackBerry version, which arrived two months later. After months at beta stage, the application eventually launched in November 2009 exclusively on the App Store for the iPhone. In October Acton persuaded five ex-Yahoo friends to invest $250,000 in seed funding, and as a result was granted co-founder status and a stake. Koum visited Acton, who was still unemployed while managing another unsuccessful startup and decided to join the company. WhatsApp 2.0 was released with a messaging component and the active users suddenly swelled to 250,000. Koum updated WhatsApp so that each time the user changed their statuses, it would ping everyone in the user's network. In June 2009, Apple launched push notifications, letting developers ping users when they were not using an app. Koum felt like giving up and looking for a new job, upon which Acton encouraged him to wait for a "few more months." However, early WhatsApp kept crashing or getting stuck and at a particular point. Koum almost immediately chose the name "WhatsApp" because it sounded like "what’s up," and a week later on his birthday, on February 24, 2009, he incorporated WhatsApp Inc. In January 2009, after purchasing an iPhone and realizing that the seven-month-old App Store was about to spawn a whole new industry of apps, he started visiting his friend, Alex Fishman in West San Jose where the three would discuss ".having statuses next to individual names of the people," but this was not possible without an iPhone developer, so Fishman introduced Koum to Igor Solomennikov, a developer in Russia that he had found on. For the rest of the following years Koum relied on his $400,000 savings from Yahoo. At one point they applied for a job at Facebook but failed. After Koum and Acton left Yahoo! in September 2007, the duo travelled to South America as a break from work. WhatsApp Inc., was founded in 2009 by Brian Acton and Jan Koum, both former employees of Yahoo!.
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