This is the second time in the past year that Meta has employed this investment-recruitment strategy to fill a major exec role at the company
Last year it invested more than $14 billion into Scale AI and recruited Alex Wang to run its new AI lab
bloomberg.com
Meta Taps New WhatsApp Boss as Part of $900 Million Investment
Meta Platforms Inc. is investing $900 million into Indian fintech startup Cred, with plans to appoint its founder, Kunal Shah, the new leader of WhatsApp.