WhatsApp Rejected $10 Billion Bid From Google
Just days before Facebook acquired cross-platform mobile messaging service WhatsApp for a package totaling $19 billion, Google made a lesser bid for the company. According to both CNN Money and The Information, Google offered WhatsApp an acquisition deal worth $10 billion.
Of further note, The Information also said that Google had actually previously approached WhatsApp with a financial offer of some kind just for the right to be notified if and when WhatsApp ever considered acquisitions from other companies--an offer worth millions that WhatsApp turned down.
Eleven days later, according to the site’s source, WhatsApp and Facebook announced their blockbuster deal.
It’s worth noting that Google’s $10 billion offer did not include a seat on its board, which may have influenced the WhatsApp leadership to take the more lucrative (both financially and in terms of power) deal from Facebook.
Of further note, The Information also said that Google had actually previously approached WhatsApp with a financial offer of some kind just for the right to be notified if and when WhatsApp ever considered acquisitions from other companies--an offer worth millions that WhatsApp turned down.
Eleven days later, according to the site’s source, WhatsApp and Facebook announced their blockbuster deal.
It’s worth noting that Google’s $10 billion offer did not include a seat on its board, which may have influenced the WhatsApp leadership to take the more lucrative (both financially and in terms of power) deal from Facebook.
