Whatsapp Price Facebook

Whatsapp Price Facebook - WhatsApp cofounder Jan Koum, that sold his firm to Facebook in 2014, has actually been dumping Facebook stock at a steady clip under a prescheduled trading strategy, with brand-new sales several times a month, given that February 2016.

Facebook Buys Whatsapp

So our asked Equilar, a company that concentrates on examining executive compensation and also business information, to aid us examine all the Securities as well as Exchange Compensation filings related to Koum's sales for 2016.

Whatsapp Price Facebook


It turns out he's sold more than 22 million shares worth about $2.8 billion considering that January.

Facebook accepted acquire WhatsApp in February 2014 for over $19 billion in supply, and also the rate had actually risen to $22 billion by October, when the offer shut, thanks to Facebook's increasing stock price. Koum possessed regarding 45% of the business 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 filing, Koum had over 60 million shares of ordinary shares. He additionally had another 19 million limited stock devices, which vest over time as well as work as a motivation for him to stay up until November 2018.

Based upon that vesting routine, it resembles he's gained regarding 3 countless those RSUs thus far this year.

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

Koum's stock sales come as WhatsApp continues to grow rapidly and also as the business is making changes to the service that might open up new moneymaking opportunities, but additionally takes the chance of estranging some customers.

On Thursday, Facebook announced that WhatsApp was changing its privacy policy for the very first time given that the purchase to allow Facebook to see the phone number that a customer shares when they register for WhatsApp. Facebook can use this details to allow services to get in touch with users straight with WhatsApp, as they can already do via Messenger, as well as will permit Facebook to show more appropriate advertisements to logged-in users. Nevertheless, WhatsApp stated it would not share these phone numbers straight with individuals.

WhatsApp passed more than than 1 billion monthly users in February and is the most prominent chat application in majority of the world, according to current stats from SimilarWeb.

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