How WhatsApp was created (and how a $19 billion startup began by accident)

How WhatsApp was created (and how a $19 billion startup began by accident)

More than 2.24 billion people use WhatsApp monthly, making it one of the most popular mobile messaging applications in the world. And the story of its creation (spoiler alert: a failure and one Apple update that changed everything) certainly deserves attention.

Let's follow the path (based on a thread on Twitter @arvanaghi)

  1. WhatsApp has two founders: Jan Koum and Brian Acton. They worked at Yahoo for 9 years, left with money and without ideas of what to do next.
  2. They tried to get a job at Facebook and were rejected (proud members of the "Rejected by Facebook Club").

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  1. In January 2009, Jan bought his first iPhone from the AppStore (which had launched only 7 months ago). And he saw potential.
  2. Friends brainstormed and came up with the idea of an application that would put statuses in the address book next to the names of friends: "Free, busy, at work," and so on. They named the app WhatsApp.

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  1. They hired a programmer on RentACoder for the first build and published the application.
  2. Aaaaaand they got only a few hundred downloads. It was a failure. A few months passed, but they decided to give it another chance.
  3. In June 2009, Apple offered a new feature - notifications from applications (although it seems like it was always there?).
  4. Jan Koum and Brian Acton added this feature to WhatsApp: every time friends change their status, you receive a message about it.
  5. Users loved it! The first WhatsApp users began using statuses to joke with friends. These statuses turned into funny messages.
  6. That's how the messenger appeared. They wrote WhatsApp 2.0 and added the ability to exchange messages. The application immediately took off.
  7. In 2011, WhatsApp was ranked 20th among all applications in the US and valued at $1.5 billion.
  8. Later, Mark Zuckerberg wrote to them and offered to meet. In 3 years, the new messenger had gathered 90 million users and grew faster than FB.
  9. In 2013, WhatsApp grew by 1 million users per day!
  10. In 2014, Facebook bought it for $19.3 billion (at that time, it had 450 million users and only 56 employees).

Today, WhatsApp has 2.1 billion users and could be worth $100 billion as a standalone company.

#whatsapp #messenger #4service

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