Whatsapp Facebook Deal 2019

Whatsapp Facebook Deal - WhatsApp cofounder Jan Koum, who marketed his firm to Facebook in 2014, has been dumping Facebook supply at a steady clip under a prescheduled trading strategy, with brand-new sales several times a month, considering that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a business that focuses on assessing exec compensation and also corporate information, to help us take a look at all the Stocks and also Exchange Payment filings related to Koum's sales for 2016.

Whatsapp Facebook Deal


It turns out he's sold more than 22 million shares worth about $2.8 billion since January.

Facebook consented to purchase WhatsApp in February 2014 for over $19 billion in stock, and also the price had actually risen to $22 billion by October, when the bargain shut, thanks to Facebook's climbing stock price. Koum had about 45% of the firm when he offered it, Forbes approximates, 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 annual proxy declaring, Koum had over 60 million shares of ordinary shares. He also had an additional 19 million restricted supply units, which vest in time and also function as an incentive for him to stay up until November 2018.

Based upon that vesting schedule, it resembles he's earned regarding 3 numerous those RSUs so far this year.

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

Koum's stock sales come as WhatsApp continues to proliferate and as the firm is making changes to the solution that could open up brand-new moneymaking chances, but likewise risks alienating some customers.

On Thursday, Facebook introduced that WhatsApp was altering its personal privacy plan for the first time because the purchase to allow Facebook to see the telephone number that a customer shares when they sign up for WhatsApp. Facebook can use this information to allow organisations to call individuals directly via WhatsApp, as they can currently do via Carrier, as well as will certainly enable Facebook to show even more relevant ads to logged-in individuals. Nonetheless, WhatsApp said it would certainly not share these phone numbers directly with users.

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

Facebook had no discuss the sales, as it does not comment on peoples' investment decisions.