How Much Did Facebook Pay for Whatsapp 2019

How Much Did Facebook Pay For Whatsapp - WhatsApp cofounder Jan Koum, who marketed his company to Facebook in 2014, has been dumping Facebook stock at a stable clip under a prescheduled trading strategy, with brand-new sales a number of times a month, given that February 2016.

So our asked Equilar, a firm that concentrates on examining exec payment as well as business information, to assist us examine all the Stocks and also Exchange Commission filings pertaining to Koum's sales for 2016.

How Much Did Facebook Pay For Whatsapp

It ends up he's sold more than 22 million shares worth about $2.8 billion given that January.

Facebook accepted acquire WhatsApp in February 2014 for over $19 billion in supply, as well as the rate had risen to $22 billion by October, when the deal closed, thanks to Facebook's rising supply cost. Koum possessed concerning 45% of the business when he sold it, Forbes approximates, which implies his take on paper had to do with $10 billion. He likewise obtained a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy filing, Koum possessed over 60 million shares of ordinary shares. He also had one more 19 million restricted stock units, which vest over time and work as an incentive for him to stay till November 2018.

Based upon that vesting routine, it resembles he's earned concerning 3 numerous those RSUs until now this year.

So generally, he's offered concerning one-third of his current stake in Facebook this year.

Koum's stock sales come as WhatsApp continues to grow rapidly and also as the firm is making changes to the service that can open new moneymaking opportunities, but likewise runs the risk of alienating some customers.

On Thursday, Facebook introduced that WhatsApp was changing its privacy plan for the first time since the acquisition to allow Facebook to see the contact number that an individual shares when they sign up for WhatsApp. Facebook can use this information to allow businesses to get in touch with customers directly with WhatsApp, as they can currently do through Carrier, and will certainly enable Facebook to reveal even more relevant advertisements to logged-in users. Nevertheless, WhatsApp claimed it would certainly not share these contact number directly with customers.

WhatsApp passed more than than 1 billion regular monthly individuals in February and is one of the most preferred conversation application in more than half of the world, according to current stats from SimilarWeb.

Facebook had no talk about the sales, as it doesn't comment on peoples' investment choices.

Tweet