Kunal Shah appointed WhatsApp CEO; Meta adds ~$1B to Cred

[Kunal]

Source: https://www.moneycontrol.com/news/business/startup/kunal-shah-to-become-global-ceo-of-whatsapp-meta-invests-nearly-1-billion-in-cred-13955883.html

[Nikita]

Investing that kind of money in Cred makes hardly any sense - they're still not profitable after eight years.

I have mixed feelings about Kunal. He's definitely good at spotting market fit, but something about him feels off - he got lucky with FreeCharge.

[Aftab]

That $1 billion is supposed to fund the infrastructure for moving all user credit‑card data from Cred to WhatsApp.

[Anupama]

Bro's dream of cashing in on credit‑card data for billions finally materialised.

[Subhash]

I still can't figure out how that grifter keeps pulling the same tricks.

[Anusha]

Thankfully I never used that crappy app.

[Abhishek]

Now WhatsApp will use Cred as its payment gateway.

[Adarsh]

Unreal. Why does Zuckerberg keep picking people like Wang and Shah? No surprise they're behind everything now.

[Angel2cute111]

He's the textbook case of fake it till you make it.

[Pillai]

What value did Cred actually add? What's its value proposition? Seems like a useless app.

[Manoj]

So Kunal Shah is the new WhatsApp CEO now?