How the deal was done???
Announced on February 9th, Facebook's $19 billion acquisition of Whatsapp was a deal sealed between the two company CEOs a few days earlier, thpugh it took years of amicable courtship to reach the accord. Forbes has taken a look at the relationship between WhatsApp's Jan Koum and Facebook's Mark Zuckerberg in the buildup to thei momentous agreement. It all started with an email from Zuckerberg in the spring of 2012 and cultimated with an accepted takeover offer on the Facebook boss couch a day after Valentine's day. The two CEOs reportedly celebrated by opening up a botlle of Johnnie Walker Blue Label and hugging one onother.
If the story sounds familier, that's Zuckerberg used the same approach to Woo Kevin Systrom- he and systrom agreed the rpice at which Facebook would buy Instagram over a weekend at Zuckerberg's home. So the strategic approach remains the same, even if the numbers involved have balloned.
If the story sounds familier, that's Zuckerberg used the same approach to Woo Kevin Systrom- he and systrom agreed the rpice at which Facebook would buy Instagram over a weekend at Zuckerberg's home. So the strategic approach remains the same, even if the numbers involved have balloned.
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