How Much Did Facebook Pay for Whatsapp 2019

How Much Did Facebook Pay For Whatsapp - WhatsApp cofounder Jan Koum, that offered his business to Facebook in 2014, has been dumping Facebook supply at a consistent clip under a prescheduled trading plan, with new sales a number of times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a business that focuses on assessing exec compensation and also corporate data, to assist us examine all the Securities as well as Exchange Compensation filings pertaining to Koum's sales for 2016.

How Much Did Facebook Pay For Whatsapp


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

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in stock, and also the rate had actually increased to $22 billion by October, when the bargain closed, thanks to Facebook's rising stock price. Koum had about 45% of the business when he marketed 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 had over 60 million shares of ordinary shares. He likewise had one more 19 million restricted stock units, which vest gradually and act as an incentive for him to remain till November 2018.

Based upon that vesting schedule, it appears like he's gained about 3 countless those RSUs up until now this year.

So in general, he's sold regarding one-third of his existing stake in Facebook this year.

Koum's stock sales come as WhatsApp remains to grow rapidly and as the firm is making changes to the solution that can open new moneymaking chances, but also risks pushing away some customers.

On Thursday, Facebook revealed that WhatsApp was changing its privacy plan for the very first time given that the purchase to permit Facebook to see the contact number that a user shares when they register for WhatsApp. Facebook can use this information to allow businesses to contact users directly through WhatsApp, as they can already do via Carrier, and will certainly enable Facebook to reveal more relevant ads to logged-in customers. However, WhatsApp claimed it would certainly not share these contact number directly with individuals.

WhatsApp passed greater than than 1 billion month-to-month users in February and is one of the most preferred conversation application in majority of the globe, according to recent stats from SimilarWeb.

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