Facebook Whatsapp Acquisition 2019

Facebook Whatsapp Acquisition - WhatsApp cofounder Jan Koum, that marketed his business to Facebook in 2014, has actually been unloading Facebook supply 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 concentrates on evaluating exec settlement and corporate data, to help us check out all the Securities as well as Exchange Payment filings pertaining to Koum's sales for 2016.

Facebook Whatsapp Acquisition

It turns out he's marketed more than 22 million shares worth approximately $2.8 billion because January.

Facebook agreed to acquire WhatsApp in February 2014 for over $19 billion in stock, as well as the cost had increased to $22 billion by October, when the deal shut, thanks to Facebook's climbing stock cost. Koum had about 45% of the firm when he sold it, Forbes estimates, which indicates his take on paper was about $10 billion. He also obtained a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum possessed over 60 million shares of ordinary shares. He additionally had an additional 19 million restricted stock units, which vest gradually and also act as a motivation for him to remain until November 2018.

Based upon that vesting routine, it looks like he's made concerning 3 numerous those RSUs up until now this year.

So overall, he's marketed regarding one-third of his existing stake in Facebook this year.

Koum's supply sales come as WhatsApp continues to grow rapidly and also as the firm is making changes to the solution that could open up brand-new moneymaking possibilities, however likewise risks pushing away some customers.

On Thursday, Facebook introduced that WhatsApp was altering its privacy plan for the very first time given that the acquisition to allow Facebook to see the contact number that a customer shares when they sign up for WhatsApp. Facebook can use this information to permit services to get in touch with individuals directly with WhatsApp, as they can currently do with Messenger, and also will certainly enable Facebook to reveal even more relevant ads to logged-in customers. However, WhatsApp stated it would not share these telephone number directly with customers.

WhatsApp passed greater than than 1 billion regular monthly customers in February and is one of the most preferred chat app in more than half of the world, according to recent statistics from SimilarWeb.

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

Tweet