American - Businessman | 1972 -
WhatsApp will bring Facebook another billion users. We will be a billion-user product. Whether there is a direct valuation or an indirect valuation, there is value, and Facebook understands that well.
Brian Acton
ValueProductWillBringFacebook
You never want to be in a position where you can't make payroll.
YouWantNeverPositionPayroll
I think every acquisition is unique and different. The best strategy is to listen to the founders and follow their lead.
BestThinkStrategyUniqueFollow
'WhatsApp' provides phone number-based messaging, and people asked, 'Isn't that what SMS is?' Yes, but SMS is expensive, antiquated, and what WhatsApp did was modernize and level that playing field.
PeoplePhoneYesExpensivePlaying
WhatsApp provides phone-number-based messaging, and people asked, 'Isn't that what SMS is?' Yes, but SMS is expensive, antiquated, and what WhatsApp did was modernize and level that playing field. For example, in Europe, if France wants to talk to Belgium, it's extraordinary costly because of border and telecom charges.
PeopleBorderTalkExtraordinaryYes
Your insurance broker has your telephone number, but your insurance broker doesn't have your Facebook ID. I think they are very different modes of communication. Commingling them can come with risk and peril.
CommunicationThinkInsuranceRisk
In early 2010, we launched our first localized version of 'WhatsApp' for iPhone. It included Spanish and German language translations, to name a couple.
NameLanguageEarlyFirstiPhone
There's a certain degree of speculation that goes into valuations. In so far as the market supports a valuation, everyone who gets a great one deserves it, but they should also be cautious because that speculation is temporary. I saw Yahoo go from $100 billion to $10 billion. It's not a long-term measure.
GreatMeasureGoEveryoneDegree
Dealing with ads is depressing. You don't make anyone's life better by making advertisements work better.
LifeWorkBetterYouDepressingAds
People want chat histories. They're a permanent testimony of a relationship.
RelationshipPeopleWantPermanent
Yes, I was a big math and computer geek, that's true. I was driven by the scholastic side of things. For me, it was all about what I could do with math and computers.
MeComputersTrueYesSideBig
My mom started an air-freight company; my grandmother built a golf course. I have a certain degree of entrepreneurial risk-taking in my family history. Maybe that eventually rubbed off on me a little bit.
FamilyHistoryMeMomGolfCompany
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