WhatsApp now has 2 billion monthly users, up from 450 million users when it was acquired by Facebook for $22 billion roughly six years ago. The last time Facebook gave an updated user metric for WhatsApp was two years ago, when it announced 1.5 billion users. Within its parent company’s portfolio, WhatsApp is second in size only to the main Facebook app, which boasted 2.5 billion monthly users...
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Sequoia Capital’s U.S. Partners May Reap China Gains Even After Split
Sequoia Capital on Tuesday told investors that by the first quarter of next year it would fully separate its U.S. and China venture capital operations, ending an 18-year run during which Sequoia Capital China became China’s most successful VC firm and drove outsize returns for Sequoia’s global investors. But the separation, anticipated for years and related to a growing geopolitical...
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Adam D’Angelo is basking in an “ endless summer ” of artificial intelligence. A few weeks before he and 350 industry peers released a bizarre, one-line statement warning that AI could herald a nuclear-level extinction event, the 38-year-old co-founder of Quora told me he actually sees more upside in AI than downside.