GO
Loading...

WhatsApp: Sequoia’s second big Facebook app deal

WhatsApp screens for Android
Source: Google Play
WhatsApp screens for Android

Obviously, the big winners of the week are Jan Koum, Brian Acton and the 50-odd employees that make up WhatsApp, the mobile messaging application that just sold to Facebook for more than $16 billion.

Note, however, the other big winner in the deal: Sequoia Capital, one of WhatsApp's biggest backers since the company's founding in 2009.

For more analysis of the blockbuster deal, read the whole story at Re/code.

(Read more: An outrageous price for WhatsApp? Hang on ...)

By Mike Issac, Re/code.net.

CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.

Symbol
Price
 
Change
%Change
FB
---

Featured

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Squawk Alley