Meta’s reported $900 million deal to bring Cred founder Kunal Shah into its leadership ranks as WhatsApp’s new global head signals the arrival of a Silicon Valley hiring strategy called the “hackquisition,” according to Moneycontrol. The term combines “hack” and “acquisition” and refers to a strategy where large technology firms recruit key startup talent through creative deal structures. Meta’s decision marks one of the most significant examples of this strategy emerging in India. Shah was approached directly by Meta’s Chief Product Officer Chris Cox during the search for a leader for WhatsApp’s next phase of growth. Meta CEO Mark Zuckerberg praised Shah’s leadership qualities, stating he “brings the kind of builder mentality and global perspective that will serve him well in running the world's biggest messaging app.” Unlike many recent high-profile technology hires centered around artificial intelligence, Shah’s recruitment focuses on product leadership and entrepreneurial experience. Shah built FreeCharge and Cred in India and is regarded as one of India's most influential angel investors, having backed more than 250 startups.