Whatsapp Price Facebook

Whatsapp Price Facebook - WhatsApp cofounder Jan Koum, that marketed his company to Facebook in 2014, has actually been unloading Facebook supply at a stable clip under a prescheduled trading strategy, with brand-new sales a number of times a month, given that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a firm that concentrates on examining executive compensation and also business information, to help us take a look at all the Securities and Exchange Payment filings related to Koum's sales for 2016.

Whatsapp Price Facebook


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

Facebook accepted acquire WhatsApp in February 2014 for over $19 billion in stock, and also the rate had actually risen to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock cost. Koum had about 45% of the firm when he sold it, Forbes estimates, which means 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 declaring, Koum owned over 60 million shares of ordinary shares. He also had another 19 million restricted supply systems, which vest with time as well as work as a reward for him to remain till November 2018.

Based upon that vesting schedule, it looks like he's made concerning 3 numerous those RSUs thus far this year.

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

Koum's stock sales come as WhatsApp remains to grow rapidly and also as the company is making changes to the solution that can open new moneymaking chances, but also risks estranging some individuals.

On Thursday, Facebook announced that WhatsApp was transforming its privacy plan for the very first time because the procurement to permit Facebook to see the contact number that an individual shares when they register for WhatsApp. Facebook can utilize this information to enable businesses to contact customers directly with WhatsApp, as they can already do via Carrier, and also will certainly enable Facebook to show more pertinent advertisements to logged-in users. However, WhatsApp stated it would certainly not share these phone numbers directly with users.

WhatsApp passed more than than 1 billion monthly individuals in February and is the most popular chat app in majority of the globe, according to current stats from SimilarWeb.

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