Did Facebook Bought Whatsapp - Everything You Need to Know!

Did Facebook Bought Whatsapp - With so much money thrown around in Silicon Valley, it's difficult for an acquisition to cause a mix. Facebook's (FB) acquisition of WhatsApp in 2014 did just that-- exceeding Google's (GOOG) $3.2 billion acquisition of Nest Labs as well as Apple's (AAPL) $3 billion Beats Electronic devices purchase-- to become 2014's leading procurement and one of the largest tech purchases of perpetuity.

WhatsApp, a text messaging app made use of extensively around the world, took headlines with its initial $16 billion quote from Facebook. In 2013, the application lost $138 million as well as brought in $10.2 million in profits. So just how did the firm win over Facebook? This post examines Facebook's document damaging acquisition as well as the steps it took to arrive.

Did Facebook Bought Whatsapp

It ends up he's marketed more than 22 million shares worth about $2.8 billion given that January.

Facebook agreed to get WhatsApp in February 2014 for over $19 billion in supply, and the cost had increased to $22 billion by October, when the bargain closed, thanks to Facebook's increasing supply cost. Koum possessed concerning 45% of the business when he offered it, Forbes estimates, which indicates his take on paper was about $10 billion. He also obtained a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy filing, Koum had over 60 million shares of common stock. He likewise had an additional 19 million limited supply units, which vest gradually and act as a reward for him to linger until November 2018.

Based upon that vesting timetable, it looks like he's earned about 3 countless those RSUs up until now this year.

So on the whole, he's sold regarding one-third of his existing stake in Facebook this year.

Koum's supply sales come as WhatsApp remains to proliferate and as the business is making changes to the solution that could open up new moneymaking opportunities, but also risks pushing away some individuals.

On Thursday, Facebook introduced that WhatsApp was changing its personal privacy policy for the first time considering that the purchase to enable Facebook to see the contact number that a customer shares when they enroll in WhatsApp. Facebook can use this information to permit services to get in touch with customers straight through WhatsApp, as they can already do through Carrier, as well as will allow Facebook to reveal more relevant ads to logged-in customers. Nonetheless, WhatsApp stated it would not share these telephone number straight with individuals.

WhatsApp passed greater than than 1 billion monthly customers in February as well as is one of the most prominent conversation app in majority of the globe, according to recent statistics from SimilarWeb.

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

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