Facebook buying WhatsApp for 19 billion dollars - A story of "Rags toRiches"

  

       

Many people may have already heard it, that Facebook is buying out WhatsApp for 19 billion dollars. However most people dont know the humble beginnings of Jan Koum and Brian Acton, the founders of WhatsApp.

Brian Acton was rejected by both Facebook and Twitter, when he was looking for a job. As per these social networking giants he was not good enough to join their work force. That was in 2009. Now Facebook is going to pay him approximately 6 Billion for his co founded WhatsApp.

Jan Koum, the other co-founder whose worth has now become 6.8 billion dollars, used to live on free food stamps provided by the government when he moved to the US from his home country Ukraine.

Now after this deal the life has come to the full circle for both of them. The rejected job seeker has been invited to join Facebook as a member of the board of directors, while Koum signed the billion dollars deal at the same government welfare centre, where he once stood in line to collect food stamps.

The difference? Instead of standing in line like so many years ago, Koum drove to the centre in his Porsche.