Facebook Acquires Whatsapp 2019

Facebook Acquires Whatsapp - WhatsApp cofounder Jan Koum, who marketed his business to Facebook in 2014, has been unloading Facebook supply at a stable clip under a prescheduled trading plan, with brand-new sales a number of times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a business that specializes in evaluating executive payment as well as corporate information, to aid us analyze all the Securities as well as Exchange Payment filings related to Koum's sales for 2016.

Facebook Acquires Whatsapp


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

Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in supply, as well as the cost had actually increased to $22 billion by October, when the deal shut, thanks to Facebook's increasing supply rate. Koum owned about 45% of the firm when he offered it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He additionally got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy filing, Koum possessed over 60 million shares of ordinary shares. He also had an additional 19 million limited supply units, which vest with time and work as a motivation for him to linger until November 2018.

Based on that vesting timetable, it appears like he's made about 3 million of those RSUs so far this year.

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

Koum's supply sales come as WhatsApp continues to proliferate and as the firm is making changes to the service that can open up new moneymaking opportunities, but likewise runs the risk of alienating some customers.

On Thursday, Facebook revealed that WhatsApp was changing its privacy plan for the first time given that the procurement to permit Facebook to see the telephone number that a user shares when they sign up for WhatsApp. Facebook can utilize this details to allow companies to contact customers directly with WhatsApp, as they can currently do with Messenger, and will allow Facebook to reveal even more appropriate ads to logged-in individuals. Nevertheless, WhatsApp said it would certainly not share these contact number straight with individuals.

WhatsApp passed greater than than 1 billion regular monthly individuals in February as well as is one of the most popular conversation application in more than half of the globe, according to current stats from SimilarWeb.

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