the news that social-networking giant Facebook recently snapped off a
to pick up WhatsApp
for $19 billion
has been the talk of the tech world, recent reports claim that WhatsApp
had rejected an offer by Google prior to accepting the one by Facebook
to new reports
Google had made an offer of $10 billion to WhatsApp for a buyout. The
report also states that Google CEO Larry Page made a last ditch effort
last week, meeting with WhatsApp CEO Jan Koum to entice him once again.
He even urged Koum to maintain the independence of his firm. Another
Koum rejected the offer, given that Facebook was offering more money,
and also a seat on its board of directors. Google didn't offer a seat,
in addition to less money.
The original report by The Information,
says that Google offered to pay money to WhatsApp, (a few millions of
dollars) if it agreed to tell Google, that it was entering into
acquisition talks with other firms. Zuckerberg on the other hand informs
that he entered into talks with WhatsApp only 11 days ago.
Co-founder of WhatsApp,
Jan Koum has had the fairy tale dotcom story
from the Silicon Valley, where the company began five years ago. His is a rags to riches story. Fortunes reversed themselves for co-founder Brian Acton as well, who was
rejected by Facebook for a job in 2009.
Google co-founder Larry Page might have advised the WhatsApp co-founder
to keep his company independent, it might have actually been a last
ditch effort by the search-engine giant to try and keep Facebook from
buying the messaging app company out.