Whatsapp sold to Facebook
By
Ega Wahyudi
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Saturday, September 14, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a business that concentrates on examining exec compensation and business data, to help us examine all the Stocks and also Exchange Compensation filings related to Koum's sales for 2016.
Whatsapp Sold To Facebook
It turns out he's offered more than 22 million shares worth approximately $2.8 billion since January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in supply, and also the cost had actually gone up to $22 billion by October, when the offer shut, thanks to Facebook's rising stock price. Koum had concerning 45% of the firm when he sold 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 declaring, Koum had over 60 million shares of ordinary shares. He likewise had another 19 million restricted stock units, which vest with time and serve as a reward for him to remain till November 2018.
Based upon that vesting timetable, it looks like he's made concerning 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 stock sales come as WhatsApp remains to grow rapidly and also as the company is making changes to the service that can open new moneymaking possibilities, however additionally risks estranging some users.
On Thursday, Facebook announced that WhatsApp was altering its privacy policy for the very first time since the acquisition to allow Facebook to see the phone number that an individual shares when they sign up for WhatsApp. Facebook can use this info to allow services to contact individuals straight via WhatsApp, as they can already do with Carrier, and also will enable Facebook to show more pertinent ads to logged-in users. Nonetheless, WhatsApp claimed it would certainly not share these telephone number straight with users.
WhatsApp passed more than than 1 billion monthly customers in February and also is one of the most prominent chat app in majority of the world, according to current stats from SimilarWeb.
Facebook had no talk about the sales, as it does not discuss individuals' financial investment choices.