Facebook Acquires Whatsapp

Facebook Acquires Whatsapp - WhatsApp cofounder Jan Koum, that offered his company to Facebook in 2014, has actually been unloading Facebook supply at a steady clip under a prescheduled trading plan, with new sales several times a month, because February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a firm that concentrates on assessing exec payment as well as company information, to help us analyze all the Stocks and Exchange Compensation filings pertaining to Koum's sales for 2016.

Facebook Acquires Whatsapp


It ends up he's marketed greater than 22 million shares worth approximately $2.8 billion since January.

Facebook accepted get WhatsApp in February 2014 for over $19 billion in supply, and also the rate had actually increased to $22 billion by October, when the deal shut, thanks to Facebook's rising supply price. Koum owned concerning 45% of the business when he offered it, Forbes estimates, which implies 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 annual proxy filing, Koum had over 60 million shares of ordinary shares. He additionally had another 19 million limited stock units, which vest over time and act as a motivation for him to remain till November 2018.

Based on that vesting timetable, it resembles he's made regarding 3 countless those RSUs so far this year.

So on the whole, he's sold 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 company is making changes to the solution that might open new moneymaking opportunities, but also takes the chance of pushing away some users.

On Thursday, Facebook introduced that WhatsApp was altering its personal privacy plan for the very first time since the procurement to allow Facebook to see the telephone number that a customer shares when they sign up for WhatsApp. Facebook can utilize this details to permit services to call customers directly with WhatsApp, as they can currently do through Messenger, and will enable Facebook to reveal more relevant advertisements to logged-in customers. Nonetheless, WhatsApp stated it would not share these contact number directly with customers.

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

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