Whatsapp Sale to Facebook
By
Ega Wahyudi
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Monday, June 10, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a business that concentrates on examining executive compensation and also corporate information, to assist us take a look at all the Securities and Exchange Commission filings pertaining to Koum's sales for 2016.
Whatsapp Sale To Facebook
It turns out he's marketed more than 22 million shares worth about $2.8 billion given that January.
Facebook accepted get WhatsApp in February 2014 for over $19 billion in stock, and also the cost had actually increased to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock rate. Koum had regarding 45% of the firm when he offered it, Forbes approximates, which suggests his take on paper had to do with $10 billion. He additionally obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy filing, Koum owned over 60 million shares of common stock. He also had another 19 million limited stock devices, which vest with time as well as serve as an incentive for him to stay up until November 2018.
Based on that vesting schedule, it resembles he's gained regarding 3 numerous those RSUs thus far this year.
So generally, he's offered about one-third of his existing risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and also as the company is making changes to the service that might open brand-new moneymaking possibilities, but additionally runs the risk of estranging some users.
On Thursday, Facebook announced that WhatsApp was changing its personal privacy plan for the first time given that the procurement to permit Facebook to see the phone number that a user shares when they enroll in WhatsApp. Facebook can utilize this details to allow organisations to contact customers straight with WhatsApp, as they can already do with Carrier, and will permit Facebook to show even more pertinent advertisements to logged-in customers. However, WhatsApp said it would certainly not share these contact number straight with customers.
WhatsApp passed greater than than 1 billion regular monthly individuals in February and also is one of the most prominent conversation application in more than half of the world, according to recent stats from SimilarWeb.
Facebook had no talk about the sales, as it does not discuss individuals' financial investment choices.