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by mrkramer 1507 days ago
BS;

"How WhatsApp made money was by charging users $1 to download the app.

And Facebook (said they) supported our mission & vision."

And how the hell you thought you are going to survive with that business model? You were growing like crazy with millions of new users and millions of messages being sent everyday. You thought annual subscription fee of $1 after a free first year was going to keep you up and running?! That's just hard to believe.

Regarding the mission and the vision; they probably agreed with you on a mission and vision to "make the world more open and connected" not on your vision "No mining user data", "No ads (ever)", "No cross-platform tracking".

"FB and their management agreed and we thought they believed in our mission."

You thought that Facebook a colossal public company is going to spend hundreds of millions of dollars on building your infrastructure, on maintaining it and on innovating(introducing new features) and at the same time earn pennies from it. Again hard to believe that you were that naive.

"Tech companies need to admit when they have done wrong.

Nobody knew in the beginning that Facebook would become a Frankenstein monster that devoured user data and spat out dirty money.

We didn’t either."

>Nobody knew in the beginning that Facebook would become a Frankenstein monster that devoured user data and spat out dirty money.

You got acquired in 2014 and already by that time Facebook was racking in billions from advertising which was made possible from gathering people's personal data and then using it to create ad solutions for advertisers >>> YOU KNEW IT.