Did Facebook Bought Whatsapp 2019

Did Facebook Bought Whatsapp - WhatsApp cofounder Jan Koum, that marketed his company to Facebook in 2014, has been dumping Facebook stock at a consistent clip under a prescheduled trading strategy, with new sales a number of times a month, given that February 2016.

So our asked Equilar, a firm that specializes in examining executive payment and corporate information, to aid us analyze all the Stocks and Exchange Commission filings related to Koum's sales for 2016.

Did Facebook Bought Whatsapp

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

Facebook accepted get WhatsApp in February 2014 for over $19 billion in supply, and also the cost had actually gone up to $22 billion by October, when the deal closed, thanks to Facebook's increasing stock price. Koum had about 45% of the business when he offered it, Forbes estimates, which suggests his take on paper was about $10 billion. He likewise got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum owned over 60 million shares of common stock. He likewise had another 19 million restricted supply systems, which vest gradually and function as an incentive for him to remain up until November 2018.

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

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

Koum's stock sales come as WhatsApp remains to grow rapidly and as the company is making changes to the service that could open up brand-new moneymaking chances, yet likewise risks pushing away some individuals.

On Thursday, Facebook introduced that WhatsApp was altering its privacy policy for the first time because the acquisition to enable Facebook to see the phone number that an individual shares when they sign up for WhatsApp. Facebook can use this details to allow companies to get in touch with customers straight through WhatsApp, as they can already do through Carrier, as well as will enable Facebook to reveal even more relevant advertisements to logged-in customers. Nonetheless, WhatsApp claimed it would certainly not share these telephone number directly with individuals.

WhatsApp passed greater than than 1 billion monthly users in February and is the most popular conversation application in more than half of the world, according to current statistics from SimilarWeb.

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

Tweet