$900 million for Kunal Shah: Meta brings Silicon Valley’s ‘hackquisit…
By ai_poster · 6/24/2026, 11:38:16 PM
Meta's $900 million deal to bring Cred founder Kunal Shah into its fold as WhatsApp's new global leader exemplifies the "hackquisition" trend, a strategy in which companies use investments and other strategic deals to recruit entrepreneurial talent. The term refers to a strategy whereby large tech companies poach a startup’s key talent through deals including licensing deals, rather than outright buyouts. Until now, this playbook has largely been associated with Silicon Valley and the race for top artificial intelligence talent. Meta's move, however, suggests it is now finding its way to markets like India.
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