Did Facebook Buy Whatsapp 2019

Did Facebook Buy Whatsapp - WhatsApp cofounder Jan Koum, that sold his business to Facebook in 2014, has actually been dumping Facebook supply at a constant clip under a prescheduled trading strategy, with brand-new sales a number of times a month, given that February 2016.

So our asked Equilar, a business that concentrates on assessing exec payment as well as corporate information, to aid us analyze all the Stocks and Exchange Payment filings related to Koum's sales for 2016.

Did Facebook Buy Whatsapp

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

Facebook accepted buy WhatsApp in February 2014 for over $19 billion in stock, as well as the price had actually risen to $22 billion by October, when the offer shut, thanks to Facebook's increasing stock price. Koum had about 45% of the company when he sold it, Forbes approximates, which indicates his take on paper was about $10 billion. He additionally got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy filing, Koum owned over 60 million shares of ordinary shares. He also had one more 19 million limited supply units, which vest in time as well as serve as a reward for him to stay up until November 2018.

Based upon that vesting routine, it appears like he's earned regarding 3 countless those RSUs until now this year.

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

Koum's stock sales come as WhatsApp remains to grow rapidly and also as the firm is making changes to the service that might open up brand-new moneymaking possibilities, but also risks alienating some individuals.

On Thursday, Facebook introduced that WhatsApp was changing its privacy plan for the first time considering that the purchase to enable Facebook to see the telephone number that a user shares when they sign up for WhatsApp. Facebook can use this information to permit businesses to get in touch with customers directly via WhatsApp, as they can currently do via Messenger, as well as will certainly allow Facebook to reveal even more appropriate advertisements to logged-in users. However, WhatsApp claimed it would not share these telephone number straight with users.

WhatsApp passed more than than 1 billion month-to-month users in February and is the most prominent conversation application in more than half of the world, according to recent stats from SimilarWeb.

Facebook had no comment on the sales, as it does not discuss individuals' financial investment choices.

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