One of the major headlines following the announcement of the purchase of WhatsApp by Facebook was one of the founders going from food stamps to billionaire. A great headline without a doubt. Who doesn’t love a rags to riches story? This is not only the founders story but also the story for many of WhatsApp’s early employees.
apper amp_ad_1 ampforwp-incontent-custom-banner ampforwp-incontent-ad1">MadameNoire discusses the sale and how WhatsApp staff members came into a great come up.
To say it was a good week at WhatsApp would be a major understatement! When Facebook purchased the messaging app for a whopping $16 billion (plus a possible $3 billion more), early employees got a great payday as well.
Facebook will pay the purchase amount with $12 billion in stock, $4 billion in cash, and $3 billion in stock grants for WhatsApp staff that will vest over the next four years, reports Business Insider.
Read more at MadameNoire