Whatsapp Price Facebook

Whatsapp Price Facebook - WhatsApp cofounder Jan Koum, who sold his company to Facebook in 2014, has been unloading Facebook supply at a constant clip under a prescheduled trading strategy, with brand-new sales numerous times a month, considering that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a business that concentrates on examining exec compensation as well as business information, to assist us analyze all the Securities and also Exchange Payment filings related to Koum's sales for 2016.

Whatsapp Price Facebook


It turns out he's offered more than 22 million shares worth approximately $2.8 billion because January.

Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in stock, and the price had actually risen to $22 billion by October, when the bargain closed, thanks to Facebook's climbing supply price. Koum owned about 45% of the firm when he marketed it, Forbes estimates, which indicates his take on paper had to do with $10 billion. He likewise obtained a seat on Facebook's board.

At the end of 2015, according to Facebook's yearly proxy declaring, Koum possessed over 60 million shares of common stock. He also had an additional 19 million limited stock devices, which vest over time and function as a motivation for him to linger until November 2018.

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

So in general, he's marketed about one-third of his present stake in Facebook this year.

Koum's stock sales come as WhatsApp remains to proliferate and also as the business is making changes to the solution that could open up new moneymaking chances, but likewise runs the risk of estranging some individuals.

On Thursday, Facebook revealed that WhatsApp was altering its privacy policy for the very first time given that the purchase to permit Facebook to see the telephone number that an individual shares when they enroll in WhatsApp. Facebook can use this information to enable businesses to get in touch with individuals directly through WhatsApp, as they can already do with Carrier, and will certainly enable Facebook to reveal more appropriate advertisements to logged-in individuals. However, WhatsApp claimed it would not share these contact number straight with customers.

WhatsApp passed more than than 1 billion regular monthly customers in February and is the most popular conversation application in over half of the world, according to current statistics from SimilarWeb.

Facebook had no talk about the sales, as it doesn't comment on peoples' financial investment choices.