Facebook Bought Whatsapp
By
Ega Wahyudi
—
Tuesday, August 6, 2019
—
Facebook Buys Whatsapp
So our asked Equilar, a business that focuses on evaluating executive compensation and corporate data, to aid us check out all the Stocks as well as Exchange Payment filings pertaining to Koum's sales for 2016.
Facebook Bought Whatsapp
It ends up he's sold greater than 22 million shares worth approximately $2.8 billion considering that January.
Facebook consented to purchase WhatsApp in February 2014 for over $19 billion in supply, and the price had actually gone up to $22 billion by October, when the offer shut, thanks to Facebook's climbing supply rate. Koum possessed regarding 45% of the company when he sold it, Forbes approximates, which indicates his take on paper had to do with $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 common stock. He likewise had one more 19 million limited stock systems, which vest in time and act as an incentive for him to stay until November 2018.
Based upon that vesting timetable, it looks like he's gained regarding 3 countless those RSUs up until now this year.
So generally, he's sold regarding one-third of his present risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to grow rapidly and also as the business is making changes to the solution that could open new moneymaking chances, however additionally takes the chance of pushing away some users.
On Thursday, Facebook revealed that WhatsApp was transforming its personal privacy plan for the very first time because the purchase to permit Facebook to see the contact number that an individual shares when they register for WhatsApp. Facebook can use this info to allow organisations to contact individuals straight with WhatsApp, as they can currently do with Carrier, as well as will certainly permit Facebook to reveal even more pertinent advertisements to logged-in individuals. Nevertheless, WhatsApp claimed it would not share these telephone number straight with users.
WhatsApp passed greater than than 1 billion monthly users in February and is one of the most prominent chat app in more than half of the world, according to recent statistics from SimilarWeb.
Facebook had no comment on the sales, as it does not discuss individuals' investment decisions.