How Much Did Facebook Buy Whatsapp for 2019

How Much Did Facebook Buy Whatsapp For - WhatsApp cofounder Jan Koum, who sold his firm to Facebook in 2014, has actually been unloading Facebook supply at a constant clip under a prescheduled trading plan, with new sales numerous times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a firm that focuses on analyzing executive payment and corporate information, to help us analyze all the Stocks and Exchange Payment filings related to Koum's sales for 2016.

How Much Did Facebook Buy Whatsapp For


It turns out he's offered more than 22 million shares worth approximately $2.8 billion considering that January.

Facebook consented to get WhatsApp in February 2014 for over $19 billion in supply, and the price had risen to $22 billion by October, when the offer shut, thanks to Facebook's rising stock rate. Koum possessed concerning 45% of the firm when he offered it, Forbes approximates, which suggests his take on paper had to do with $10 billion. He additionally got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum had over 60 million shares of common stock. He also had another 19 million restricted supply systems, which vest gradually and also act as a reward for him to remain till November 2018.

Based on that vesting timetable, it appears like he's gained regarding 3 million of those RSUs until now this year.

So on the whole, he's offered about one-third of his present risk in Facebook this year.

Koum's stock sales come as WhatsApp continues to grow rapidly and also as the business is making changes to the service that might open up brand-new moneymaking opportunities, but additionally risks pushing away some customers.

On Thursday, Facebook introduced that WhatsApp was changing its personal privacy policy for the first time considering that the purchase to permit Facebook to see the telephone number that an individual shares when they register for WhatsApp. Facebook can use this info to permit services to contact individuals straight through WhatsApp, as they can already do via Messenger, as well as will permit Facebook to reveal even more appropriate ads to logged-in customers. However, WhatsApp said it would certainly not share these contact number straight with customers.

WhatsApp passed more than than 1 billion regular monthly users in February and also is one of the most prominent chat app in over half of the world, according to recent statistics from SimilarWeb.

Facebook had no discuss the sales, as it doesn't discuss peoples' financial investment decisions.