Facebook Deal with Whatsapp 2019

Facebook Deal With Whatsapp - WhatsApp cofounder Jan Koum, who offered his company to Facebook in 2014, has actually been unloading Facebook supply at a constant clip under a prescheduled trading strategy, with brand-new sales several times a month, since February 2016.

So our asked Equilar, a firm that specializes in evaluating executive compensation as well as business information, to help us analyze all the Securities and Exchange Payment filings pertaining to Koum's sales for 2016.

Facebook Deal With Whatsapp

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

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in stock, as well as the cost had actually gone up to $22 billion by October, when the offer shut, thanks to Facebook's rising supply cost. Koum possessed regarding 45% of the business when he marketed it, Forbes estimates, which suggests his take on paper was about $10 billion. He also got a seat on Facebook's board.

At the end of 2015, according to Facebook's annual proxy filing, Koum had over 60 million shares of ordinary shares. He also had another 19 million restricted supply systems, which vest with time and act as a reward for him to remain up until November 2018.

Based on that vesting routine, it looks like he's made about 3 million of those RSUs until now this year.

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

Koum's stock sales come as WhatsApp continues to proliferate and also as the company is making changes to the solution that could open up brand-new moneymaking chances, yet additionally runs the risk of estranging some individuals.

On Thursday, Facebook revealed that WhatsApp was altering its personal privacy plan for the very first time since the procurement to enable Facebook to see the phone number that a user shares when they enroll in WhatsApp. Facebook can utilize this information to enable services to contact individuals directly with WhatsApp, as they can already do with Messenger, as well as will permit Facebook to show more pertinent ads to logged-in users. However, WhatsApp stated it would certainly not share these contact number straight with individuals.

WhatsApp passed more than than 1 billion monthly users in February as well as is one of the most popular chat app in majority of the world, according to current statistics from SimilarWeb.

Facebook had no discuss the sales, as it does not discuss peoples' investment choices.

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