Facebook Bought Whatsapp

Facebook Bought Whatsapp - WhatsApp cofounder Jan Koum, who offered his business to Facebook in 2014, has actually been dumping Facebook supply at a steady clip under a prescheduled trading strategy, with brand-new sales numerous times a month, since February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that concentrates on examining executive settlement and corporate data, to assist us analyze all the Securities as well as Exchange Payment filings related to Koum's sales for 2016.

Facebook Bought Whatsapp


It turns out he's marketed greater than 22 million shares worth about $2.8 billion given that January.

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, and also the price had gone up to $22 billion by October, when the offer closed, thanks to Facebook's increasing stock rate. Koum had regarding 45% of the firm when he offered it, Forbes approximates, which implies his take on paper was about $10 billion. He additionally got a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum had over 60 million shares of ordinary shares. He likewise had another 19 million limited supply systems, which vest over time and act as a reward for him to stay till November 2018.

Based upon that vesting timetable, it looks like he's gained regarding 3 numerous those RSUs thus far this year.

So on the whole, he's offered about one-third of his existing risk 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 can open up new moneymaking opportunities, yet additionally risks estranging some users.

On Thursday, Facebook revealed that WhatsApp was transforming its personal privacy policy for the very first time considering that the procurement to permit Facebook to see the telephone number that a customer shares when they register for WhatsApp. Facebook can use this details to allow services to contact users directly through WhatsApp, as they can currently do via Carrier, and also will certainly enable Facebook to reveal even more relevant ads to logged-in users. Nevertheless, WhatsApp said it would not share these telephone number directly with individuals.

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

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