How Much Did Facebook Pay for Whatsapp New 2019

How Much Did Facebook Pay For Whatsapp - WhatsApp cofounder Jan Koum, who marketed his business to Facebook in 2014, has been dumping Facebook stock at a constant clip under a prescheduled trading strategy, with brand-new sales several times a month, since February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a business that specializes in assessing executive compensation and corporate data, to aid us examine all the Securities and Exchange Compensation filings pertaining to Koum's sales for 2016.

How Much Did Facebook Pay For Whatsapp


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

Facebook consented to purchase WhatsApp in February 2014 for over $19 billion in stock, and the rate had actually risen to $22 billion by October, when the deal closed, thanks to Facebook's rising stock rate. Koum owned regarding 45% of the firm when he sold it, Forbes estimates, which means his take on paper was about $10 billion. He also got a seat on Facebook's board.

At the end of 2015, according to Facebook's annual proxy declaring, Koum owned over 60 million shares of common stock. He additionally had one more 19 million limited supply devices, which vest gradually as well as act as an incentive for him to stay till November 2018.

Based upon that vesting routine, it looks like he's made concerning 3 million of those RSUs until now this year.

So overall, he's marketed regarding one-third of his existing risk 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 solution that can open new moneymaking opportunities, yet also takes the chance of alienating some users.

On Thursday, Facebook introduced that WhatsApp was altering its privacy policy for the first time considering that the purchase to enable Facebook to see the contact number that a customer shares when they register for WhatsApp. Facebook can utilize this info to enable services to contact individuals directly through WhatsApp, as they can currently do with Carrier, and also will certainly allow Facebook to show even more pertinent advertisements to logged-in customers. However, WhatsApp stated it would certainly not share these telephone number straight with customers.

WhatsApp passed greater than than 1 billion regular monthly customers in February and also is one of the most popular conversation app in over half of the world, according to current stats from SimilarWeb.

Facebook had no talk about the sales, as it does not talk about peoples' financial investment decisions.