Sequoia wins big with Facebook's $19 bln buy of WhatsApp
Facebook will pay $19 billion in cash and stock for mobile-messaging startup WhatsApp, producing a huge return for Sequoia Capital. WhatsApp raised just a single round of venture capital totaling $8 million from Sequoia and an unidentified investor in April 2011 at a valuation of $78.36 million, according to Thomson Reuters.
20 February 2014•3 mins read
