Whatsapp Purchase Facebook New 2019

Whatsapp Purchase Facebook - WhatsApp cofounder Jan Koum, who sold his company to Facebook in 2014, has been dumping Facebook stock at a constant clip under a prescheduled trading plan, with new sales several times a month, since February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a business that specializes in analyzing executive compensation and also business data, to help us examine all the Stocks and also Exchange Commission filings related to Koum's sales for 2016.

Whatsapp Purchase Facebook


It ends up he's sold greater than 22 million shares worth about $2.8 billion because January.

Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in stock, and the rate had actually increased to $22 billion by October, when the bargain closed, thanks to Facebook's climbing stock rate. Koum had about 45% of the firm when he offered it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He also got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum had over 60 million shares of ordinary shares. He also had another 19 million restricted supply systems, which vest with time and also function as a motivation for him to linger till November 2018.

Based on that vesting routine, it resembles he's made concerning 3 countless those RSUs up until now this year.

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

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

On Thursday, Facebook introduced that WhatsApp was changing its privacy policy for the very first time considering that the acquisition to permit Facebook to see the contact number that a user shares when they register for WhatsApp. Facebook can utilize this information to allow businesses to get in touch with users directly through WhatsApp, as they can currently do via Messenger, as well as will enable Facebook to show even more relevant advertisements to logged-in users. Nonetheless, WhatsApp stated it would not share these telephone number directly with customers.

WhatsApp passed greater than than 1 billion monthly users in February as well as is one of the most preferred conversation application in majority of the globe, according to recent stats from SimilarWeb.

Facebook had no talk about the sales, as it does not talk about peoples' financial investment decisions.