How Much Did Facebook Buy Whatsapp for

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

So our asked Equilar, a firm that concentrates on examining executive compensation and also corporate information, to aid us analyze all the Securities and Exchange Commission filings pertaining to Koum's sales for 2016.

How Much Did Facebook Buy Whatsapp For

It ends up he's offered greater than 22 million shares worth about $2.8 billion because January.

Facebook accepted buy WhatsApp in February 2014 for over $19 billion in supply, as well as the price had risen to $22 billion by October, when the bargain shut, thanks to Facebook's climbing stock rate. Koum possessed concerning 45% of the business when he sold it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He also got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum owned over 60 million shares of ordinary shares. He likewise had another 19 million limited supply units, which vest with time as well as work as a reward for him to stick around till November 2018.

Based on that vesting timetable, it resembles he's made about 3 million of those RSUs until now this year.

So in general, he's sold concerning one-third of his present risk in Facebook this year.

Koum's supply sales come as WhatsApp continues to grow rapidly and as the business is making changes to the solution that might open new moneymaking opportunities, yet additionally runs the risk of estranging some customers.

On Thursday, Facebook introduced that WhatsApp was altering its privacy policy for the first time given that the purchase to permit Facebook to see the telephone number that an individual shares when they enroll in WhatsApp. Facebook can use this info to permit services to speak to customers straight via WhatsApp, as they can currently do through Messenger, as well as will certainly enable Facebook to show even more pertinent advertisements to logged-in customers. Nonetheless, WhatsApp said it would not share these phone numbers directly with individuals.

WhatsApp passed greater than than 1 billion month-to-month customers in February and is one of the most preferred chat application in more than half of the world, according to recent statistics from SimilarWeb.

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

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