Earlier quoted context omitted.
Business model wise think with 1bn users an annual $1 fee would have been fine for WhatsApp. He also turned down hundreds of millions of dollars when he realized how fundamentally he disagreed with how facebook works. Prior to WhatsApp the founders had very little money.
"Business model wise think with 1bn users an annual $1 fee would have been fine for WhatsApp." If you've worked in the mobile app business you might get that this could mean almost 0 in revenues. People. Don't. Pay. For. Stuff. Moreover, WhatsApp is huge in places like S. America where people don't have credit cards, or for whom $1 is even too much. "He also turned down hundreds of millions of dollars" He took $17 Bi…
It could, but it didn't. It meant revenues in the tens of millions.