Facebook Bought Whatsapp 2019

Facebook Bought Whatsapp - WhatsApp cofounder Jan Koum, who offered his firm to Facebook in 2014, has actually been discharging Facebook stock at a steady clip under a prescheduled trading plan, with new sales numerous times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a business that focuses on evaluating executive settlement and business information, to assist us analyze all the Securities and also Exchange Compensation filings pertaining to Koum's sales for 2016.

Facebook Bought Whatsapp


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

Facebook consented to get WhatsApp in February 2014 for over $19 billion in supply, and also the rate had increased to $22 billion by October, when the bargain shut, thanks to Facebook's increasing supply cost. Koum owned regarding 45% of the business when he sold it, Forbes approximates, which indicates his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy filing, Koum possessed over 60 million shares of common stock. He also had one more 19 million limited stock devices, which vest gradually as well as work as a reward for him to linger up until November 2018.

Based on that vesting timetable, it appears like he's earned regarding 3 numerous those RSUs up until now this year.

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

Koum's supply sales come as WhatsApp remains to proliferate and as the business is making changes to the service that can open brand-new moneymaking chances, however also risks pushing away some customers.

On Thursday, Facebook announced that WhatsApp was transforming its personal privacy policy for the first time considering that the acquisition to enable Facebook to see the phone number that a user shares when they enroll in WhatsApp. Facebook can use this details to enable services to call individuals directly via WhatsApp, as they can currently do with Messenger, and also will permit Facebook to show more relevant advertisements to logged-in users. Nonetheless, WhatsApp stated it would not share these contact number directly with customers.

WhatsApp passed greater than than 1 billion month-to-month users in February and also 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 doesn't discuss peoples' investment choices.