Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc, will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday.
Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock.
A Stanford alumnus, Acton co-founded WhatsApp with Ukrainian immigrant Jan Koum in 2009. The duo worked at Yahoo before starting WhatsApp.
Here's the full text of his post:
After 8 years at WhatsApp, I have decided to move on and start a new chapter in my life.
I am very fortunate at my age to have the flexibility to take new risks and focus on what I'm passionate about. I've decided to start a non-profit focused at the intersection of nonprofit, technology and communications. It's something I've thought about for a while, and now it's time to just focus and execute. I'll have more to share in the coming months.
This decision is, of course, a tough one. I'm proud of what our team has accomplished in only a few years, and it's humbling to see that so many people rely on WhatsApp every day.
(With inputs from Reuters)
Published Date: Sep 13, 2017 12:18 PM | Updated Date: Sep 13, 2017 12:19 PM