Facebook Buys Whatsapp New 2019

Facebook Buys Whatsapp - WhatsApp cofounder Jan Koum, that sold his business to Facebook in 2014, has been unloading Facebook supply at a stable clip under a prescheduled trading plan, with brand-new sales numerous times a month, considering that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a firm that specializes in analyzing exec payment and business data, to assist us take a look at all the Stocks and also Exchange Compensation filings related to Koum's sales for 2016.

Facebook Buys Whatsapp


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

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, as well as the price had actually increased to $22 billion by October, when the offer closed, thanks to Facebook's rising stock cost. Koum had concerning 45% of the business when he sold it, Forbes estimates, which suggests 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 another 19 million limited stock devices, which vest gradually as well as work as a motivation for him to linger up until November 2018.

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

So on the whole, he's offered about one-third of his current stake in Facebook this year.

Koum's supply sales come as WhatsApp continues to proliferate and as the business is making changes to the solution that could open brand-new moneymaking possibilities, yet likewise runs the risk of alienating some users.

On Thursday, Facebook introduced that WhatsApp was altering its privacy plan for the very first time since the purchase to allow Facebook to see the telephone number that a customer shares when they sign up for WhatsApp. Facebook can use this info to permit organisations to speak to customers straight via WhatsApp, as they can already do with Messenger, and will enable Facebook to show even more relevant ads to logged-in customers. Nevertheless, WhatsApp claimed it would certainly not share these phone numbers directly with individuals.

WhatsApp passed more than than 1 billion month-to-month customers in February and is the most prominent conversation application in more than half of the globe, according to recent stats from SimilarWeb.

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