Facebook Bought Whatsapp 2019

Facebook Bought Whatsapp - WhatsApp cofounder Jan Koum, who sold his business to Facebook in 2014, has actually been discharging Facebook supply at a consistent clip under a prescheduled trading plan, with new sales several times a month, considering that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that focuses on analyzing executive settlement and corporate information, to assist us examine all the Stocks as well as Exchange Payment filings related to Koum's sales for 2016.

Facebook Bought Whatsapp


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

Facebook consented to buy WhatsApp in February 2014 for over $19 billion in stock, and the cost had gone up to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock price. Koum owned about 45% of the business when he marketed 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 filing, Koum owned over 60 million shares of ordinary shares. He additionally had another 19 million limited supply units, which vest over time as well as serve as a reward for him to linger up until November 2018.

Based on that vesting timetable, it resembles he's made about 3 numerous those RSUs so far this year.

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

Koum's supply sales come as WhatsApp continues to grow rapidly and as the business is making changes to the solution that can open brand-new moneymaking chances, yet also risks pushing away some customers.

On Thursday, Facebook announced that WhatsApp was changing its privacy policy for the very first time because the acquisition to allow Facebook to see the phone number that a user shares when they enroll in WhatsApp. Facebook can use this information to enable organisations to get in touch with customers straight with WhatsApp, as they can currently do via Carrier, as well as will allow Facebook to show more pertinent ads to logged-in customers. However, WhatsApp claimed it would certainly not share these phone numbers straight with users.

WhatsApp passed greater than than 1 billion month-to-month individuals in February as well as is one of the most preferred conversation app in more than half of the globe, according to recent statistics from SimilarWeb.

Facebook had no comment on the sales, as it doesn't discuss individuals' financial investment decisions.