Jan Koum was born in Ukraine and immigrated to the United States as a teenager. He taught himself computer skills and got a job at Yahoo, where he met Brian Acton. In 2009, they left Yahoo with $400,000 in savings and founded WhatsApp after being rejected from jobs at Facebook. WhatsApp grew rapidly and was acquired by Facebook in 2014 for $19 billion. Koum donated over $500 million to charitable foundations.
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Jan Koum Founder of WhatsApp: From Poverty to Billionaire
1. Jan KoumFounder of WhatsApp
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Dipendra Das
MBA 3rd Semester
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2. History
Jan Koum was born in a small village near Kiev in Ukraine in 1976.
His father was worker and mother was housewife.
The political environment of Ukraine is not stable.
At the age of 16, coming from poverty Koum’s emigrated to California, USA
with his mother and grandmother.
By the help of American Government, they got 2 bedroom flat for living.
His mother was working as babysitter and Jan was working as sweeper in
Grocery shop.
After that he got admission in Sand Rosey University.
Until the age of 19, he don’t have computer but he started learning about
computers in his spare time.
After that he worked for Gaint Aran Stand company as a security tester.
3. Cont..
In 1997, he was hired by Yahoo! as an infrastructure
engineer where he met Brine Acton.
He worked for 9 years in Yahoo!
Jan Koum and Brine Acton resign their jobs in 2009 after making savings of
$400,000.
After that they applied for job in Facebook but got rejected
4. Cont….
Then he establish his own company named
WhatsApp Incorporation by collecting fund of $2.5 lakh
from his old friends of Yahoo!
Till 2010 company had to struggle a lot
but after 2011 WhatsApp comes under top 20 app in apps store.
By 2014, WhatsApp had become
enormously popular that Mark Zuckerberg bought this app for $19 billion.
Jam Koum donated $1 million to the FreeBSD Foundation
and $556 million to Silicon Valley Community Foundation in 2014.
6. Cont…
For the first four years of its growth WhatsApp managed to outpace Skype,
Twitter, Gmail and even Facebook. By 2013 the total number of people who
were using the app passed 400 million.
In 2017 WhatsApp user numbers reached 1,5 billion people using the app on a
monthly basis (Source: USA Today)
It was acquired by Facebook in February 2014 for $19bn (Source: Statista)
WhatsApp average user value is $42 (Source: Statista)
Citigroup has forecast that WhatsApp could generate revenue of $1bn by
2017 (Source: Barrons)
India and South Africa are top markets for WhatsApp (Source:
GlobalWebIndex)
9. Average WhatsApp User Sends More Than
1,200 Messages Each Month
Statista calculations based on data published by Facebook
sources:Facebook, Statista