Whatsapp sold to Facebook 2019

Whatsapp Sold To Facebook - WhatsApp cofounder Jan Koum, who sold his company to Facebook in 2014, has actually been dumping Facebook stock at a consistent clip under a prescheduled trading strategy, with brand-new sales a number of times a month, considering that February 2016.

So our asked Equilar, a firm that specializes in examining exec payment as well as business information, to assist us take a look at all the Stocks as well as Exchange Payment filings pertaining to Koum's sales for 2016.

Whatsapp Sold To Facebook

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

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in stock, and the price had actually gone up to $22 billion by October, when the deal shut, thanks to Facebook's rising supply rate. Koum owned regarding 45% of the company when he offered it, Forbes approximates, which means his take on paper was about $10 billion. He also obtained 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 common stock. He likewise had another 19 million limited stock units, which vest with time and work as a motivation for him to stay till November 2018.

Based on that vesting schedule, it resembles he's made about 3 numerous those RSUs thus far this year.

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

Koum's supply sales come as WhatsApp remains to proliferate and also as the firm is making changes to the solution that could open brand-new moneymaking possibilities, but additionally runs the risk of estranging some individuals.

On Thursday, Facebook announced that WhatsApp was transforming its personal privacy plan for the very first time given that the procurement to enable Facebook to see the contact number that a customer shares when they register for WhatsApp. Facebook can use this details to permit organisations to speak to users directly with WhatsApp, as they can currently do via Carrier, and also will certainly allow Facebook to reveal more pertinent advertisements to logged-in customers. Nevertheless, WhatsApp claimed it would certainly not share these phone numbers directly with customers.

WhatsApp passed greater than than 1 billion month-to-month users in February as well as is one of the most prominent chat application in majority of the globe, according to current stats from SimilarWeb.

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

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