How Much Did Facebook Buy Whatsapp for

How Much Did Facebook Buy Whatsapp For - WhatsApp cofounder Jan Koum, who offered his firm to Facebook in 2014, has actually been dumping Facebook stock at a consistent clip under a prescheduled trading strategy, with new sales numerous times a month, considering that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that focuses on assessing exec payment as well as company information, to assist us examine all the Securities and also Exchange Compensation filings related to Koum's sales for 2016.

How Much Did Facebook Buy Whatsapp For


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

Facebook consented to acquire WhatsApp in February 2014 for over $19 billion in stock, and the price had actually gone up to $22 billion by October, when the bargain shut, thanks to Facebook's rising stock rate. Koum had about 45% of the business when he offered it, Forbes estimates, which implies his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum possessed over 60 million shares of ordinary shares. He also had another 19 million restricted stock units, which vest in time as well as function as a reward for him to remain until November 2018.

Based on that vesting routine, it appears like he's earned about 3 numerous those RSUs up until now this year.

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

Koum's supply sales come as WhatsApp continues to proliferate and as the firm is making changes to the service that could open brand-new moneymaking possibilities, however additionally runs the risk of alienating some individuals.

On Thursday, Facebook introduced that WhatsApp was changing its privacy plan for the very first time because the purchase to enable Facebook to see the contact number that a customer shares when they enroll in WhatsApp. Facebook can use this details to allow businesses to call individuals straight with WhatsApp, as they can already do with Carrier, and will certainly allow Facebook to show more relevant ads to logged-in users. Nonetheless, WhatsApp claimed it would certainly not share these phone numbers straight with customers.

WhatsApp passed greater than than 1 billion month-to-month individuals in February as well as is the most prominent chat application in over half of the world, according to recent stats from SimilarWeb.

Facebook had no discuss the sales, as it does not comment on individuals' financial investment choices.