WhatsApp Co-Founder Brian Acton Leaves Company to Start his Own Non-Profit Venture
New Delhi, September 13: WhatsApp co-founder Brian Acton on Wednesday announced his departure from the company. Acton announced the departure to colleagues at a WhatsApp meeting at Facebook headquarters on Tuesday and later posted the news to his Facebook page. The decision comes three years after Facebook Inc. bought the messaging app for $22 billion. According to his Facebook post, Brian will soon start his own non-profit business.
Acton had co-founded WhatsApp with Jan Koum in 2009 and agreed to sell it to Facebook in 2014 for approximately $19 billion USD in cash and stock. His fellow co-founder, Koum, will remain at the company. In his Facebook post, Brian said, “After 8 years at WhatsApp, I have decided to move on and start a new chapter in my life”. He said he intends to start a foundation “focused at the intersection of nonprofit, technology and communications.” Acton ran WhatsApp’s engineering team.
Take a look at Brian Acton’s Facebook Post:
Mobile messaging service WhatsApp in February announced that it has 200 million monthly active users in India. Brian Acton, the co-founder of WhatsApp, along with Neeraj Arora, Head of Business, WhatsApp had visited Indian Institute of Technology -Delhi to interact with the students. Last week, Facebook said it would soon start charging companies for some of WhatsApp’s features as it seeks a path to monetization. In July, Facebook said WhatsApp had reached 1 billion daily active users, but that it will take a few years to start making money from the app.