Did Facebook Bought Whatsapp 2019

Did Facebook Bought Whatsapp - WhatsApp cofounder Jan Koum, that sold his firm to Facebook in 2014, has actually been dumping Facebook supply at a consistent clip under a prescheduled trading plan, with brand-new sales a number of times a month, because February 2016.

So our asked Equilar, a business that specializes in assessing exec payment and also business information, to aid us examine all the Securities and Exchange Payment filings pertaining to Koum's sales for 2016.

Did Facebook Bought Whatsapp

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

Facebook consented to get WhatsApp in February 2014 for over $19 billion in stock, and also the rate had increased to $22 billion by October, when the offer closed, thanks to Facebook's climbing supply rate. Koum possessed concerning 45% of the firm when he offered it, Forbes estimates, which indicates 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 yearly proxy declaring, Koum possessed over 60 million shares of ordinary shares. He also had an additional 19 million restricted stock systems, which vest over time and serve as a reward for him to linger until November 2018.

Based on that vesting timetable, it resembles he's earned concerning 3 numerous those RSUs thus far this year.

So on the whole, he's marketed concerning one-third of his existing risk in Facebook this year.

Koum's supply sales come as WhatsApp remains to proliferate and as the company is making changes to the solution that could open up brand-new moneymaking chances, but additionally risks pushing away some users.

On Thursday, Facebook announced that WhatsApp was altering its privacy policy for the very first time considering that the procurement to enable Facebook to see the phone number that a customer shares when they sign up for WhatsApp. Facebook can utilize this info to enable organisations to contact customers directly through WhatsApp, as they can already do with Messenger, as well as will enable Facebook to show more relevant advertisements to logged-in individuals. Nonetheless, WhatsApp said it would not share these telephone number directly with customers.

WhatsApp passed more than than 1 billion regular monthly individuals in February as well as is the most popular chat app in majority of the world, according to current statistics from SimilarWeb.

Facebook had no talk about the sales, as it doesn't discuss individuals' investment decisions.

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