How Much Did Facebook Pay for Whatsapp

How Much Did Facebook Pay For Whatsapp - WhatsApp cofounder Jan Koum, that marketed his firm to Facebook in 2014, has actually been discharging Facebook supply at a consistent clip under a prescheduled trading plan, with brand-new sales numerous times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that specializes in examining exec compensation and company information, to help us analyze all the Securities and Exchange Commission filings related to Koum's sales for 2016.

How Much Did Facebook Pay For Whatsapp


It turns out he's marketed more than 22 million shares worth about $2.8 billion since January.

Facebook agreed to get WhatsApp in February 2014 for over $19 billion in stock, and the cost had increased to $22 billion by October, when the offer shut, thanks to Facebook's increasing supply price. Koum had regarding 45% of the firm when he marketed 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 annual proxy declaring, Koum had over 60 million shares of common stock. He additionally had another 19 million restricted supply devices, which vest in time and function as a motivation for him to stick around up until November 2018.

Based upon that vesting routine, it looks like he's made regarding 3 numerous those RSUs thus far this year.

So on the whole, he's marketed about one-third of his current stake in Facebook this year.

Koum's stock sales come as WhatsApp remains to grow rapidly and as the company is making changes to the service that might open brand-new moneymaking chances, but additionally risks estranging some individuals.

On Thursday, Facebook introduced that WhatsApp was altering its privacy plan for the very first time given that the acquisition to allow Facebook to see the phone number that an individual shares when they enroll in WhatsApp. Facebook can use this info to enable businesses to call individuals directly via WhatsApp, as they can currently do through Carrier, and also will allow Facebook to show more pertinent ads to logged-in individuals. However, WhatsApp claimed it would certainly not share these phone numbers directly with individuals.

WhatsApp passed greater than than 1 billion monthly individuals in February as well as is one of the most popular chat app in majority of the world, according to recent stats from SimilarWeb.

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