Facebook acquired messaging platform WhatsApp in 2014 for $16 billion. At the time the company’s co-founders Brian Acton and Jan Koum vowed that the merger would not compromise their vision for the company.

In 2016, they implemented end-to-end encryption into the app, and it quickly became a point of contention. Facebook wanted to be able to use the platform for targeted advertising and monetization of corporate analytics tools. Acton ended up walking away from $850 million in stock options over then matter, and Koum followed suit less than a year later.

In a recent interview with Forbes, Acton alluded that he feels some remorse for selling the company to the social media titan Facebook.

“At the end of the day, I sold my company,” he said. “I sold my users’ privacy to a larger benefit. I made a choice and a compromise. I live with that every day.”

According to Acton, Mark Zuckerberg and Sheryl Sandberg were the primary instigators in his departure. They pushed for the monetization efforts, and when Acton pushed back, the two just redoubled their efforts. Acton could tell that they were not going to back down, so he quit.

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https://dropletsweb.com/whatsapps-co-founder-brian-acton-regrets-selling-whatsapp-to-facebook/

I dont get sef
Mark was suppose to pay them 16billion for the app and not monetize it or what?

At least he was paid 850million dollars which sold last him a lifetime.

I want a verified Nigerian AdSense account to buy