2009 · Seed
Would you have funded WhatsApp?
Status updates for your phone contacts
Two former Yahoo employees have an app that lets you set a status next to your name in people's phone contacts. They are adding free messaging over the internet instead of paid SMS.
- $250,000 seed round from former colleagues
- Competing with free SMS bundles and other messaging apps
Show what happened
🦄 Breakout
WhatsApp Facebook bought it in February 2014 for about $19.3 billion.
Ex-colleagues invested $250,000; a top venture firm invested about $8 million in 2011.
Sources: WhatsApp (Wikipedia)
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