How Much Did Facebook Buy Whatsapp for 2019

How Much Did Facebook Buy Whatsapp For - WhatsApp cofounder Jan Koum, who marketed his company to Facebook in 2014, has actually been dumping Facebook stock at a constant clip under a prescheduled trading plan, with new sales numerous times a month, since February 2016.

Facebook Buys Whatsapp

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

How Much Did Facebook Buy Whatsapp For


It turns out he's sold 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 supply, and also the price had actually risen to $22 billion by October, when the bargain closed, thanks to Facebook's rising supply rate. Koum owned about 45% of the company when he offered it, Forbes approximates, which suggests his take on paper was about $10 billion. He likewise obtained a seat on Facebook's board.

At the end of 2015, according to Facebook's annual proxy filing, Koum owned over 60 million shares of common stock. He additionally had an additional 19 million restricted supply systems, which vest in time and also work as a motivation for him to stick around until November 2018.

Based upon that vesting timetable, it appears like he's earned about 3 numerous those RSUs so far this year.

So on the whole, he's offered concerning one-third of his present risk in Facebook this year.

Koum's stock sales come as WhatsApp remains to proliferate and also as the business is making changes to the solution that could open up brand-new moneymaking opportunities, but likewise takes the chance of estranging some users.

On Thursday, Facebook revealed that WhatsApp was altering its privacy policy for the first time considering that the purchase to allow Facebook to see the contact number that a user shares when they register for WhatsApp. Facebook can utilize this details to allow businesses to speak to customers straight through WhatsApp, as they can already do with Messenger, and also will certainly permit Facebook to show even more pertinent ads to logged-in individuals. However, WhatsApp said it would not share these telephone number straight with individuals.

WhatsApp passed more than than 1 billion monthly users in February as well as is the most prominent chat application in more than half of the world, according to current stats from SimilarWeb.

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