Whatsapp sold to Facebook 2019

Whatsapp Sold To Facebook - WhatsApp cofounder Jan Koum, that offered his business to Facebook in 2014, has actually been discharging Facebook supply at a stable clip under a prescheduled trading plan, with new sales numerous times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that focuses on assessing exec settlement and also business information, to aid us analyze all the Securities as well as Exchange Commission filings pertaining to Koum's sales for 2016.

Whatsapp Sold To Facebook


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

Facebook consented to get WhatsApp in February 2014 for over $19 billion in supply, and the price had gone up to $22 billion by October, when the bargain closed, thanks to Facebook's increasing stock cost. Koum had about 45% of the firm when he sold it, Forbes estimates, which indicates his take on paper had to do with $10 billion. He also 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 one more 19 million restricted stock units, which vest over time and serve as a reward for him to remain till November 2018.

Based upon that vesting schedule, it looks like he's gained regarding 3 countless those RSUs until now this year.

So in general, he's sold concerning one-third of his current risk in Facebook this year.

Koum's stock sales come as WhatsApp remains to grow rapidly and as the business is making changes to the service that could open up new moneymaking chances, but also risks alienating some users.

On Thursday, Facebook revealed that WhatsApp was changing its privacy policy for the first time since the procurement to enable Facebook to see the telephone number that a customer shares when they enroll in WhatsApp. Facebook can use this information to allow companies to speak to customers directly with WhatsApp, as they can currently do via Messenger, and also will certainly allow Facebook to show more relevant advertisements to logged-in individuals. However, WhatsApp stated it would not share these contact number directly with customers.

WhatsApp passed more than than 1 billion monthly customers in February as well as is the most popular conversation app in over half of the world, according to recent statistics from SimilarWeb.

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