![]() It also switched from a free service to a paid one, charging $1 a year to cover the cost of sending verification texts to users. Over the next few years, WhatsApp continued to rapidly grow, supported by over $50 million in investment funding from Sequoia Capital. ![]() After months in beta, the iPhone application was released on the App store in November 2009, with Blackberry and Android versions following soon after. Soon after, Acton persuaded former colleagues at Yahoo! to invest $250,000 in seed funding. ![]() The newly redesigned app immediately got attention, and the number of active users grew to 250,000 in what seemed like overnight. Leaning into this trend, they redesigned the app, and released WhatsApp 2.0 in August 2009, focusing on the instant messaging component - which quickly became the app's defining feature. Quickly, the small circle of the founding team's friends that used the app began to ping each other with custom statuses throughout the day, serving more as instant messaging than the originally intended status markers. Subsequently, the company altered the app's function to then send push notifications out when a user changed their status. Push notifications, which allowed automated messages to be sent by an application without the app needing to be open, provided the potential for a more interactive model of Acton and Koum's idea. It was beginning to look like a failed concept, and Koum debated abandoning the project altogether and pivoting to a different job.īut then, Apple launched push notifications, and that changed everything for what is now the most popular messaging app worldwide - WhatsApp. Personal Loans for 670 Credit Score or LowerĪmong its first users, however, the app proved to be unpopular, and was riddled with connectivity issues and crashes. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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