WhatsApp cofounder Brian Acton defended his decision to sell his company to Facebook for $19 billion and encouraged students to delete their accounts from the social network in a rare public appearance at Stanford University on Wednesday.
As one of the guest speakers for Computer Science 181, an undergraduate class focused on technology companies’ social impact and ethical responsibilities, Acton explained the principles behind founding WhatsApp. He also discussed his fateful decision in 2014 to sell his company to Facebook for its largest-ever acquisition. In doing so, he criticized the profit models driving today’s tech behemoths, including Facebook and Google, as well as the Silicon Valley ecosystem in which entrepreneurs are pressured to chase venture capital and large exits to satisfy employees and shareholders.
“You go back to this Silicon Valley culture and people say, ‘Well, could you have not sold?’ and the answer is no,” he
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