Is Whatsapp sold to Facebook 2019

Is Whatsapp Sold To Facebook - WhatsApp cofounder Jan Koum, that offered his firm to Facebook in 2014, has been discharging Facebook stock at a consistent clip under a prescheduled trading strategy, with new sales a number of times a month, given that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that focuses on examining exec payment and corporate information, to assist us analyze all the Stocks and Exchange Payment filings pertaining to Koum's sales for 2016.

Is Whatsapp Sold To Facebook


It ends up he's offered more than 22 million shares worth about $2.8 billion because January.

Facebook agreed to acquire WhatsApp in February 2014 for over $19 billion in supply, and also the price had actually risen to $22 billion by October, when the offer closed, thanks to Facebook's climbing supply price. Koum owned regarding 45% of the firm when he offered it, Forbes estimates, which means his take on paper was about $10 billion. He likewise got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy filing, Koum had over 60 million shares of common stock. He additionally had one more 19 million restricted supply systems, which vest over time and also work as an incentive for him to stick around until November 2018.

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

So generally, he's marketed about one-third of his present 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 might open new moneymaking opportunities, but also runs the risk of estranging some users.

On Thursday, Facebook introduced that WhatsApp was changing its personal privacy plan for the first time since the acquisition to permit Facebook to see the phone number that a user shares when they register for WhatsApp. Facebook can use this details to allow businesses to speak to customers straight via WhatsApp, as they can currently do via Messenger, as well as will certainly permit Facebook to show even more appropriate ads to logged-in users. Nevertheless, WhatsApp stated it would certainly not share these phone numbers directly with individuals.

WhatsApp passed more than than 1 billion monthly users in February and also is the most preferred chat app in over half of the globe, according to recent statistics from SimilarWeb.

Facebook had no discuss the sales, as it doesn't talk about individuals' investment choices.