WahstApp co-founder Acton leaves Facebook

WahstApp co-founder Acton leaves Facebook

Brian Acton, who co-founded WhatsApp along with Jan Koum in 2009, announced in a Facebook post earlier today that he is leaving the company. The Stanford alumnus is moving on from the helm of affairs of the messaging app eight years after he co-founded WhatsApp with Ukrainian Jan Koum in 2009.

"I am very fortunate at my age to have the flexibility to take new risks and focus on what I'm passionate about", Acton, 45, wrote in a Facebook post. "I've made a decision to start a foundation focused at the intersection of nonprofit, technology and communications".

Acton was with Whatsapp when Social networking giant Facebook acquired it in the year 2014. Though, he did not share more concrete details about his new venture. They both used to work at Yahoo before starting WhatsApp. This decision is, of course, a tough one. In July, Facebook said WhatsApp had reached 1 billion daily active users, but that it will take a few years to start making money from the app. Acton is Quitting Whatsapp to start his own non-profit foundation.

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As per a source close to the company, he led WhatsApp's push into encryption and was in charge of engineering internally for the company, the report says. His role won't be filled by any one employee, a company spokesperson said.

In a Facebook post, Acton announced his plans to move on from WhatsApp.

While there is no clarity as to what Acton will be focussed on as the ideas he has mentioned are quite broad. Acton is now estimated to have a net worth of $6.5 billion, according to Recode. In a detailed Facebook post, Acton reveals why he is leaving the company and what he is going to do next.

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