Whatsapp Bought by Facebook 2019

Whatsapp Bought By Facebook - WhatsApp cofounder Jan Koum, that sold his company to Facebook in 2014, has actually been dumping Facebook supply at a consistent clip under a prescheduled trading plan, with new sales several times a month, since February 2016.

So our asked Equilar, a company that focuses on evaluating executive compensation and company information, to assist us analyze all the Stocks and Exchange Commission filings pertaining to Koum's sales for 2016.

Whatsapp Bought By Facebook

It ends up he's offered more than 22 million shares worth roughly $2.8 billion since January.

Facebook accepted get WhatsApp in February 2014 for over $19 billion in stock, and also the price had increased to $22 billion by October, when the offer closed, thanks to Facebook's rising supply cost. Koum owned about 45% of the company when he offered it, Forbes estimates, which indicates his take on paper was about $10 billion. He also got a seat on Facebook's board.

At the end of 2015, according to Facebook's annual proxy filing, Koum had over 60 million shares of ordinary shares. He additionally had one more 19 million restricted stock devices, which vest with time and act as a motivation for him to linger till November 2018.

Based upon that vesting routine, it appears like he's made concerning 3 countless those RSUs thus far this year.

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

Koum's stock sales come as WhatsApp continues to proliferate and as the firm is making changes to the service that might open new moneymaking possibilities, yet additionally risks pushing away some customers.

On Thursday, Facebook introduced that WhatsApp was altering its personal privacy plan for the very first time since the purchase to allow Facebook to see the phone number that an individual shares when they register for WhatsApp. Facebook can use this information to permit services to call customers straight via WhatsApp, as they can already do via Messenger, and also will allow Facebook to reveal even more relevant ads to logged-in customers. Nevertheless, WhatsApp claimed it would not share these phone numbers directly with users.

WhatsApp passed greater than than 1 billion monthly customers in February and is one of the most preferred chat application in more than half of the world, according to current stats from SimilarWeb.

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

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