Did Facebook Bought Whatsapp - Everything You Need to Know!

Did Facebook Bought Whatsapp - With so much cash money thrown around in Silicon Valley, it's challenging for a purchase to create a stir. Facebook's (FB) procurement of WhatsApp in 2014 did just that-- surpassing Google's (GOOG) $3.2 billion acquisition of Nest Labs and also Apple's (AAPL) $3 billion Beats Electronics purchase-- to come to be 2014's top procurement and one of the largest tech gets of all time.

WhatsApp, a message messaging app utilized commonly around the world, swiped headlines with its first $16 billion proposal from Facebook. In 2013, the application shed $138 million as well as generated $10.2 million in revenue. So how did the firm win over Facebook? This write-up checks out Facebook's document damaging acquisition and the actions it took to arrive.

Did Facebook Bought Whatsapp

It turns out he's marketed greater than 22 million shares worth approximately $2.8 billion because January.

Facebook consented to acquire WhatsApp in February 2014 for over $19 billion in stock, as well as the cost had gone up to $22 billion by October, when the bargain closed, thanks to Facebook's increasing supply price. Koum had regarding 45% of the company when he marketed it, Forbes estimates, which means his take on paper was about $10 billion. He additionally obtained a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum had over 60 million shares of common stock. He likewise had another 19 million restricted supply units, which vest in time and act as an incentive for him to linger up until November 2018.

Based on that vesting timetable, it looks like he's made concerning 3 countless those RSUs thus far this year.

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

Koum's supply sales come as WhatsApp remains to proliferate and also as the company is making changes to the service that can open up new moneymaking chances, however also takes the chance of alienating some users.

On Thursday, Facebook revealed that WhatsApp was changing its privacy policy for the first time since the procurement to enable Facebook to see the contact number that a user shares when they sign up for WhatsApp. Facebook can utilize this information to permit organisations to get in touch with customers directly with WhatsApp, as they can currently do through Messenger, and also will certainly allow Facebook to show more appropriate ads to logged-in individuals. Nonetheless, WhatsApp claimed it would certainly not share these phone numbers straight with users.

WhatsApp passed more than than 1 billion month-to-month customers in February as well as is one of the most popular conversation application in majority of the world, according to recent statistics from SimilarWeb.

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

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