WhatsApp exec regrets selling the app post on tweeter by Neeraj Arora said. With greater than 2 billion users, WhatsApp is one of the most famous chat systems in the world. But it’s now not eager to relaxation on its laurels. The Facebook-owned product is expanding into new territories, like purchasing and payments.
The enterprise is also questioning about even displaying advertisements on the app — but now not anybody is comfortable with these developments.
In fact, these have led one ex-WhatsApp govt to believe selling the product to Facebook was once a mistake.Niraj Arora, former Chief Business Officer for WhatsApp, stated in a Twitter thread that he regrets handing over the agency to Zuckerberg & co. for $22 billion.
Arora noted that during the acquisition, Facebook (now Meta), promised WhatsApp’s group that they’d have whole independence on product decisions, and it won’t push to exhibit advertisements on the chat app.
He is really regrets.
In 2014, I was the Chief Business Officer of WhatsApp.— neeraj arora (@neerajarora) May 4, 2022
And I helped negotiate the $22 billion sale to Facebook.
Today, I regret it.
Here’s where things went wrong:
The WhatsApp team additionally tried to tightly closed no cross-platform tracking and user records mining, which Facebook administration agreed to at the time.However, Brian Acton, one of the app’s co-founders, left Facebook in 2017. A yr later, he gave an interview to Forbes, where he stated that Facebook had plans of displaying commercials on WhatsApp even before the deal went through.In 2018, Jan Koum — WhatsApp’s other co-founder — and Arora left the company. WhatsApp messages company.
WhatsApp exec regrets selling the app
How WhatsApp made money was by charging users $1 to download the app.— neeraj arora (@neerajarora) May 4, 2022
And Facebook (said they) supported our mission & vision.
Brian even wrote this famous note: pic.twitter.com/A6ufhkMIuX
That was our dream Neeraj Arora said.
Arora said that WhatsApp, which is Meta’s largest platform after the blue app, is now “a shadow of the product we poured our hearts into, and wanted to construct for the world.”Meta has a long records of founders of its acquisitions leaving the corporation because of management practices. In 2018, Kevin Systrom and Mike Krieger — the founders of Instagram — left the company because there was once reportedly tension between them and Zuckerberg over the course of the app.
Today, WhatsApp is Facebook’s second largest platform (even bigger than Instagram or FB Messenger).— neeraj arora (@neerajarora) May 4, 2022
But it’s a shadow of the product we poured our hearts into, and wanted to build for the world.
And I am not the only one who regrets that it became part of Facebook when it did.
VR Company Oculus’ co-founder Nate Mitchell and former CEO Brendan Iribe additionally left the social media massive because of management differences.Brandon Silverman — founder, and CEO of analytics device CrowdTangle — left Meta closing October. Now, he’s trying to help Congress pass by laws that pressure the Big Tech to be more transparent about their work processes.
Meta acquires a gamut of groups each yr — so assume to preserve seeing testimonies about disgruntled executives leaving the organization. Well, except its administration practices change, however we don’t see that taking place any time soon.
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