Did Facebook Bought Whatsapp

Did Facebook Bought Whatsapp - WhatsApp cofounder Jan Koum, who offered his firm to Facebook in 2014, has actually been dumping Facebook supply at a stable clip under a prescheduled trading plan, with new sales numerous times a month, considering that February 2016.

So our asked Equilar, a firm that specializes in examining executive compensation and corporate data, to help us check out all the Securities and also Exchange Compensation filings related to Koum's sales for 2016.

Did Facebook Bought Whatsapp

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

Facebook accepted buy WhatsApp in February 2014 for over $19 billion in stock, and the cost had risen to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock cost. Koum had regarding 45% of the business when he offered it, Forbes approximates, which means his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.

At the end of 2015, according to Facebook's annual proxy declaring, Koum possessed over 60 million shares of ordinary shares. He also had an additional 19 million restricted supply devices, which vest gradually as well as serve as an incentive for him to linger till November 2018.

Based on that vesting schedule, it resembles he's made regarding 3 million of those RSUs until now this year.

So overall, he's marketed regarding 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 company is making changes to the solution that might open brand-new moneymaking chances, yet likewise risks estranging some individuals.

On Thursday, Facebook introduced that WhatsApp was transforming its privacy policy for the very first time because the procurement to permit Facebook to see the telephone number that a customer shares when they register for WhatsApp. Facebook can use this information to permit companies to get in touch with individuals directly through WhatsApp, as they can already do through Carrier, and also will enable Facebook to reveal even more pertinent ads to logged-in individuals. Nevertheless, WhatsApp claimed it would not share these phone numbers straight with individuals.

WhatsApp passed more than than 1 billion monthly users in February as well as is one of the most popular conversation app in over half of the world, according to current stats from SimilarWeb.

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

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