Facebook Acquires Whatsapp 2019

Facebook Acquires Whatsapp - WhatsApp cofounder Jan Koum, that offered his company to Facebook in 2014, has been dumping Facebook supply at a stable clip under a prescheduled trading plan, with brand-new sales several times a month, considering that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a firm that concentrates on evaluating executive compensation and corporate information, to aid us take a look at all the Securities and Exchange Payment filings pertaining to Koum's sales for 2016.

Facebook Acquires Whatsapp


It turns out he's marketed more than 22 million shares worth roughly $2.8 billion considering that January.

Facebook consented to purchase WhatsApp in February 2014 for over $19 billion in stock, as well as the price had risen to $22 billion by October, when the deal closed, thanks to Facebook's increasing stock rate. Koum owned regarding 45% of the firm when he offered it, Forbes approximates, which indicates his take on paper was about $10 billion. He likewise obtained 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 ordinary shares. He additionally had one more 19 million restricted stock devices, which vest with time and serve as a reward for him to stick around up until November 2018.

Based on that vesting routine, it resembles he's gained regarding 3 countless those RSUs so far this year.

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

Koum's supply sales come as WhatsApp remains to grow rapidly and as the business is making changes to the solution that might open new moneymaking opportunities, however additionally runs the risk of pushing away some users.

On Thursday, Facebook announced that WhatsApp was changing its privacy plan for the first time considering that the purchase to enable Facebook to see the contact number that a user shares when they sign up for WhatsApp. Facebook can use this info to permit services to get in touch with individuals straight with WhatsApp, as they can currently do via Carrier, as well as will enable Facebook to show more appropriate ads to logged-in customers. However, WhatsApp said it would not share these contact number straight with customers.

WhatsApp passed greater than than 1 billion regular monthly customers in February as well as is one of the most prominent conversation application in over half of the globe, according to current statistics from SimilarWeb.

Facebook had no discuss the sales, as it does not talk about peoples' financial investment choices.