Is Whatsapp sold to Facebook 2019

Is Whatsapp Sold To Facebook - WhatsApp cofounder Jan Koum, that offered his firm to Facebook in 2014, has actually been discharging Facebook stock at a consistent clip under a prescheduled trading plan, with brand-new sales a number of times a month, given that February 2016.

So our asked Equilar, a firm that specializes in assessing exec payment and company information, to help us analyze all the Stocks and also Exchange Commission filings related to Koum's sales for 2016.

Is Whatsapp Sold To Facebook

It ends up he's marketed greater than 22 million shares worth approximately $2.8 billion considering that January.

Facebook agreed to get WhatsApp in February 2014 for over $19 billion in stock, and also the cost had gone up to $22 billion by October, when the offer closed, thanks to Facebook's rising supply rate. Koum had regarding 45% of the business when he marketed it, Forbes estimates, which implies his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.

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

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

So in general, he's offered regarding one-third of his existing risk in Facebook this year.

Koum's stock sales come as WhatsApp remains to grow rapidly and as the business is making changes to the solution that might open new moneymaking chances, but additionally runs the risk of estranging some users.

On Thursday, Facebook announced that WhatsApp was transforming its privacy plan for the very first time considering that the acquisition to allow Facebook to see the phone number that a user shares when they register for WhatsApp. Facebook can use this information to allow businesses to call customers straight via WhatsApp, as they can already do with Carrier, and will enable Facebook to show even more relevant advertisements to logged-in users. However, WhatsApp stated it would certainly not share these contact number directly with users.

WhatsApp passed greater than than 1 billion regular monthly users in February as well as is the most preferred chat app in more than half of the world, according to current stats from SimilarWeb.

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

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