- Nov 10, 2017
- 3,250
Facebook bought his app for $16 billion
Photo by Amelia Holowaty Krales / The Verge
In 2014, Facebook bought WhatsApp for $16 billion, making its co-founders — Jan Koum and Brian Acton — very wealthy men. Koum continues to lead the company, but Acton quit earlier this year to start his own foundation. And he isn’t done merely with WhatsApp — in a post on Twitter today, Acton told his followers to delete Facebook.
“It is time,” Acton wrote, adding the hashtag #deletefacebook. Acton, who is worth $6.5 billion, did not immediately respond to a request for comment. Nor did Facebook and WhatsApp.
It was unclear whether Acton’s feelings about Facebook extend to his own app. But last month, Acton invested $50 million into Signal, an independent alternative to WhatsApp.
The tweet came after a bruising five-day period for Facebook that has seen regulators swarm and its stock price plunge following concerns over data privacy in the wake of revelations about Cambridge Analytica’s misuse of user data.
Acton is not the first former Facebook executive to express unease about the company after leaving it. Last year, former head of growth Chamath Palihapitiya caused a firestorm after saying “we have created tools that are ripping apart the social fabric of how society works.” Other former executives to express regrets include Sean Parker, Justin Rosenstein, and investor Roger McNamee.
Developing ...
Photo by Amelia Holowaty Krales / The Verge
In 2014, Facebook bought WhatsApp for $16 billion, making its co-founders — Jan Koum and Brian Acton — very wealthy men. Koum continues to lead the company, but Acton quit earlier this year to start his own foundation. And he isn’t done merely with WhatsApp — in a post on Twitter today, Acton told his followers to delete Facebook.
“It is time,” Acton wrote, adding the hashtag #deletefacebook. Acton, who is worth $6.5 billion, did not immediately respond to a request for comment. Nor did Facebook and WhatsApp.
It was unclear whether Acton’s feelings about Facebook extend to his own app. But last month, Acton invested $50 million into Signal, an independent alternative to WhatsApp.
The tweet came after a bruising five-day period for Facebook that has seen regulators swarm and its stock price plunge following concerns over data privacy in the wake of revelations about Cambridge Analytica’s misuse of user data.
Acton is not the first former Facebook executive to express unease about the company after leaving it. Last year, former head of growth Chamath Palihapitiya caused a firestorm after saying “we have created tools that are ripping apart the social fabric of how society works.” Other former executives to express regrets include Sean Parker, Justin Rosenstein, and investor Roger McNamee.
Developing ...