Facebook Whatsapp Acquisition New 2019

Facebook Whatsapp Acquisition - WhatsApp cofounder Jan Koum, who marketed his firm to Facebook in 2014, has actually been unloading Facebook supply at a stable clip under a prescheduled trading plan, with new sales several times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that specializes in evaluating executive compensation and corporate data, to aid us examine all the Stocks and also Exchange Payment filings pertaining to Koum's sales for 2016.

Facebook Whatsapp Acquisition


It ends up he's marketed more than 22 million shares worth approximately $2.8 billion since January.

Facebook accepted get WhatsApp in February 2014 for over $19 billion in supply, and also the rate had actually risen to $22 billion by October, when the offer closed, thanks to Facebook's climbing supply rate. Koum possessed regarding 45% of the firm when he offered it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He also obtained 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 common stock. He likewise had another 19 million restricted stock devices, which vest in time as well as act as a motivation for him to remain till November 2018.

Based on that vesting schedule, it resembles he's gained regarding 3 countless those RSUs so far this year.

So overall, he's marketed about one-third of his current stake in Facebook this year.

Koum's supply sales come as WhatsApp continues to grow rapidly and also as the company is making changes to the solution that might open up new moneymaking possibilities, yet additionally runs the risk of estranging some customers.

On Thursday, Facebook revealed that WhatsApp was altering its privacy plan for the very first time given that the procurement to enable Facebook to see the phone number that a user shares when they enroll in WhatsApp. Facebook can use this information to permit services to get in touch with customers directly via WhatsApp, as they can currently do with Messenger, and will permit Facebook to reveal even more appropriate advertisements to logged-in individuals. However, WhatsApp stated it would not share these telephone number straight with users.

WhatsApp passed more than than 1 billion regular monthly customers in February and also is one of the most popular chat application in over half of the world, according to recent stats from SimilarWeb.

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