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	<title>Andrei Duta &#187; Social Media</title>
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		<title>Unintended Consequences: Brian Acton&#8217;s New Found Wealth</title>
		<link>http://andreiduta.com/unintended-consequences-brian-actons-new-found-wealth/</link>
		<comments>http://andreiduta.com/unintended-consequences-brian-actons-new-found-wealth/#comments</comments>
		<pubDate>Tue, 01 Apr 2014 04:10:35 +0000</pubDate>
		<dc:creator><![CDATA[Andrei Duta]]></dc:creator>
				<category><![CDATA[Philanthropy]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Andrei Duta]]></category>
		<category><![CDATA[Brian Acton]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[WhatsApp]]></category>

		<guid isPermaLink="false">http://andreiduta.com/?p=163</guid>
		<description><![CDATA[According to recent WSJ and USA Today articles, WhatsApp co-founder Brian Acton was denied jobs at both Facebook and Twitter before he set out to create one of the most widely used applications on the market. WhatsApp is basically a free service (costs just $1) allowing users to communicate via text from anywhere in the world.]]></description>
				<content:encoded><![CDATA[<p><a href="http://andreiduta.com/wp-content/uploads/sites/20/2014/04/dollar-keyboard.jpg"><img class="alignleft size-full wp-image-297" alt="Dollar Symbol Computer Key Showing Money Or Investment" src="http://andreiduta.com/wp-content/uploads/sites/20/2014/04/dollar-keyboard.jpg" width="148" height="148" /></a>According to recent WSJ and USA Today <a href="http://www.usatoday.com/story/news/nation-now/2014/02/20/brian-acton-facebook-whatsapp/5638289/">article</a>s, WhatsApp co-founder Brian Acton was denied jobs at both Facebook and Twitter before he set out to create one of the most widely used applications on the market. WhatsApp is basically a free service (costs just $1) allowing users to communicate via text from anywhere in the world. Recently, Brian cashed in as Facebook acquired his company for $19 billion. The application is growing at the rate of 1 million new users each day.</p>
<p>The growth rate of WhatsApp trumps that of Facebook, Gmail, Skype and Twitter in its first four years. Mark Zuckerberg said, &#8220;no one in the history of the world has ever done something like this.&#8221; WhatsApp will remain an independent service from Facebook. The company has about 55 people. Most of the application users are in Europe, India, and other non U.S. markets.</p>
<p>It&#8217;s remarkable that Brian Acton was once denied a job with Facebook. And now his company is being purchased by the social media giant. Sometimes things workout differently then planned. <a href="http://andreiduta.com/wp-content/uploads/sites/20/2014/04/dollars-sky.jpg"><img class="alignleft size-full wp-image-298" alt="Dollar Symbols Falling From The Sky As A Sign Of Wealth" src="http://andreiduta.com/wp-content/uploads/sites/20/2014/04/dollars-sky.jpg" width="148" height="134" /></a>For Brian, the denial at Facebook led him to start his own company that was to be acquired at a premium by the company that once rejected him.</p>
<p>Adversity can be a blessing in disguise. Life is fraught with unintended consequences and unpredictable, pleasant surprises.</p>
<p>References:</p>
<p>http://online.wsj.com/news/articles/SB10001424052702303636404579395560102335816</p>
<p>http://www.usatoday.com/story/news/nation-now/2014/02/20/brian-acton-facebook-whatsapp/5638289/</p>
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