Whatsapp sold to Facebook 2019

Whatsapp Sold To Facebook - WhatsApp cofounder Jan Koum, who offered his company to Facebook in 2014, has actually been dumping Facebook stock at a consistent clip under a prescheduled trading plan, with new sales numerous times a month, given that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a firm that specializes in analyzing executive settlement and corporate information, to help us analyze all the Securities and also Exchange Commission filings pertaining to Koum's sales for 2016.

Whatsapp Sold To Facebook


It turns out he's offered greater than 22 million shares worth approximately $2.8 billion given that January.

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, as well as the cost had risen to $22 billion by October, when the bargain closed, thanks to Facebook's increasing stock rate. Koum owned concerning 45% of the company when he marketed it, Forbes approximates, which indicates his take on paper was about $10 billion. He additionally obtained 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 another 19 million restricted supply devices, which vest over time as well as work as an incentive for him to linger till November 2018.

Based upon that vesting timetable, it looks like he's gained regarding 3 countless those RSUs so far this year.

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

Koum's stock sales come as WhatsApp continues to proliferate and also as the firm is making changes to the service that can open up new moneymaking opportunities, yet additionally takes the chance of alienating some customers.

On Thursday, Facebook introduced that WhatsApp was transforming its personal privacy policy for the very first time because the purchase to allow Facebook to see the contact number that a user shares when they enroll in WhatsApp. Facebook can utilize this info to permit businesses to get in touch with individuals straight via WhatsApp, as they can already do with Carrier, as well as will certainly permit Facebook to show even more relevant ads to logged-in individuals. Nevertheless, WhatsApp said it would certainly not share these phone numbers straight with users.

WhatsApp passed more than than 1 billion regular monthly users in February and also is the most prominent conversation app in majority of the globe, according to current statistics from SimilarWeb.

Facebook had no comment on the sales, as it does not comment on individuals' investment choices.