![]() Later that year, he was hired by Yahoo! as an infrastructure engineer. In 1997, Koum met Brian Acton while working at Ernst & Young. He also joined w00w00, a computer security think tank started in 1996, where he met future Napster creators Shawn Fanning and Jordan Ritter. He enrolled at San Jose State University and simultaneously worked at Ernst & Young as a security tester. Career īy the age of 18, Koum had become interested in computer programming. His mother died in 2000 after a long battle with cancer. At first, his mother worked as a babysitter while he worked as a cleaner at a grocery store. Koum and his mother remained in touch with his father until his death. His father had intended to join the family later, but he never left Ukraine and died in 1997. A social support program helped the family get a small two-bedroom apartment there. In 1992, at the age of 16, he moved with his mother and grandmother to Mountain View, California. Koum was born in Kyiv, then in the Ukrainian SSR, on February 24, 1976. 62, with an estimated net worth of $7.5 billion, the highest-ranked newcomer to the list that year. He entered the Forbes list of the 400 richest Americans in 2014 at No. According to Forbes, he has an estimated net worth of US$13.8 billion as of September 2022, making him one of the richest people in the world. He is the co-founder and former CEO of WhatsApp, a mobile messaging app which was acquired by Facebook in 2014 for US$19.3 billion. Jan Koum ( Ukrainian: Ян Кум born Yan Borysovych Kum, Ukrainian: Ян Борисович Кум, on February 24, 1976) is a Ukrainian-American billionaire businessman and computer programmer. USA, New York, New York, San Francisco, CaliforniaĬo-founders Palmer Luckey and Brendan Iribe, Engineer Chris Dycus, and CTO John D.Kiev, Ukrainian SSR, Soviet Union (now Kyiv, Ukraine) Koen Bok, Dirk Stoop, Jasper Hauser, Hugo van Heuven, Jorn van Dijkīryan O’Sullivan and Bethanye McKinney BlountĬo-founders Mike Matas and Kimon Tsinterisįounder and CEO Charles Jolley, other Strobe employeesĪvichal Garg, Curtis Spencer, Six employees Jonathan Perlow, Lucy Zhang, Ben Davenport Saadiq Rodgers-King, Justin Shaffer, 6 others USA, Mountain View, California / Malaysia, Kuala LumpurĬharles Lin, Carl Sjogreen, Adrian Graham Paul Buchheit, Bret Taylor, Jim Norris, Sanjeev Singh, 8 others While continuing with a pattern of primarily talent acquisitions, other notable product focused acquisitions include the $19 billion WhatsApp acquisition and the $2 billion Oculus VR acquisition. ![]() One of the ways to do this is to focus on acquiring great companies with great founders." The Instagram acquisition, announced on April 9, 2012, appears to have been the first exception to this pattern. In order to have a really entrepreneurial culture one of the key things is to make sure we're recruiting the best people. We buy companies to get excellent people. He stated in 2010 that "We have not once bought a company for the company. In 2009, Meta (as Facebook) CEO Mark Zuckerberg posted a question on Quora, titled "What startups would be good acquisitions for Facebook?", receiving 79 answers. Most of Meta's acquisitions have primarily been " talent acquisitions" and acquired products are often shut-down. Meta has also made investments in Luck圜al and Wildfire Interactive. The majority of the companies acquired by Meta are based in the United States, and in turn, a large percentage of these companies are based in or around the San Francisco Bay Area. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held by rival Friendster. The WhatsApp acquisition closed at a steep $16 billion more than $40 per user of the platform. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. ![]()
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