Facebook Buys Whatsapp 2019

Facebook Buys Whatsapp - WhatsApp cofounder Jan Koum, that sold his company to Facebook in 2014, has actually been unloading Facebook stock at a steady clip under a prescheduled trading strategy, with new sales numerous times a month, since February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that specializes in analyzing executive compensation as well as corporate information, to help us take a look at all the Stocks as well as Exchange Commission filings pertaining to Koum's sales for 2016.

Facebook Buys Whatsapp


It ends up he's sold greater than 22 million shares worth approximately $2.8 billion considering that January.

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, and the rate had actually risen to $22 billion by October, when the bargain closed, thanks to Facebook's increasing stock cost. Koum possessed about 45% of the business when he offered it, Forbes estimates, which means his take on paper had to do with $10 billion. He additionally got a seat on Facebook's board.

At the end of 2015, according to Facebook's annual proxy declaring, Koum owned over 60 million shares of ordinary shares. He also had one more 19 million restricted stock systems, which vest over time as well as function as a motivation for him to remain until November 2018.

Based on that vesting timetable, it looks like he's earned concerning 3 million of those RSUs so far this year.

So generally, he's marketed about one-third of his present risk in Facebook this year.

Koum's supply sales come as WhatsApp remains to grow rapidly and as the firm is making changes to the service that could open up new moneymaking chances, however likewise takes the chance of estranging some individuals.

On Thursday, Facebook revealed that WhatsApp was altering its personal privacy policy for the first time considering that the acquisition to allow Facebook to see the phone number that a customer shares when they register for WhatsApp. Facebook can utilize this info to permit companies to contact customers straight with WhatsApp, as they can already do via Messenger, and also will allow Facebook to reveal even more relevant advertisements to logged-in users. However, WhatsApp stated it would certainly not share these telephone number straight with individuals.

WhatsApp passed more than than 1 billion month-to-month individuals in February and also is the most popular conversation app in more than half of the world, according to current stats from SimilarWeb.

Facebook had no discuss the sales, as it doesn't discuss individuals' financial investment choices.