The billionaire cofounder of WhatsApp is leaving Facebook to collect cars and play ultimate (FB)

pulse

April 30, 2018 10:26 PM

Jan Koum, the billionaire cofounder of WhatsApp, is said to be leaving Facebook after clashing with execs.

Jan Koum is leaving Facebook, he has confirmed in a
Koum became a billionaire when he and cofounder Brian Acton sold WhatsApp to Facebook for $19 billion in 2014.
The

WhatsApp cofounder Jan Koum is leaving Facebook, he said in a post to his personal account on Monday.

Koum became a billionaire when he and WhatsApp cofounder Brian Acton sold the popular messaging app to Facebook for $19 billion in 2014. Acton left Facebook in 2017, and has since become a champion for encrypted messaging app Signal, going so far as to promote the #DeleteFacebook movement.

The reason for Koum's departure, according to the Washington Post report: Facebook executives wanted to weaken the encryption of messages on WhatsApp, and is also said to have wanted to begin collecting its users' information.

Koum has remained in charge of WhatsApp following the acquisition, and also has a seat on the Facebook board of directors — a seat he would give up on his departure from the company, according to the Post report. Facebook declined to comment on whether Koum would retain his board seat.

The company's proxy statement, filed April 13, says that Koum will stand for reelection to the board during this year's annual shareholder meeting on May 31.

Koum has been pushing back on Facebook's efforts to weaken WhatsApp privacy, reportedly, but the fight only intensified after the Cambridge Analytica scandal, in which as many as 87 million users had their personal information improperly used for ad targeting.

In a comment on Koum's farewell post, Facebook CEO Mark Zuckerberg chimed in to thank Koum for his service — and, seemingly, to reassert the company's commitment to encryption on WhatApp.

And Zuckerberg's comment:

Read the full Washington Post report here.

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