BIG TECH$900M investment

Meta Names CRED Founder Kunal Shah to Run WhatsApp -- and Puts $900M Into His Startup

Meta has appointed Kunal Shah, founder of Indian fintech CRED, as the new head of WhatsApp, replacing Will Cathcart after nearly seven years. Alongside the hire, Meta led a $900 million round in CRED at roughly a $4.5 billion post-money valuation -- a striking bet on India, WhatsApp's single largest market with over 500 million users.

Jun 22, 2026

BIG TECH$10T+ combined market cap

FAANG Is Dead -- Wall Street Crowns 'MANGOS' as the New Big Tech

The MANGOS acronym (Meta, Anthropic, Nvidia, Google, OpenAI, SpaceX) replaces FAANG as Wall Street's power index, with a combined projected market cap of $10T+ once all members are public. Half that value was created in the last 18 months alone.

Jun 9, 2026