Facebook Whatsapp Acquisition
By
Ega Wahyudi
—
Tuesday, October 22, 2019
—
Facebook Buys Whatsapp
So our asked Equilar, a business that specializes in evaluating executive compensation as well as company data, to assist us take a look at all the Securities and Exchange Payment filings pertaining to Koum's sales for 2016.
Facebook Whatsapp Acquisition
It turns out he's sold greater than 22 million shares worth approximately $2.8 billion given that January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in stock, as well as the rate had increased to $22 billion by October, when the bargain shut, thanks to Facebook's rising stock price. Koum possessed concerning 45% of the firm when he offered it, Forbes estimates, 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 annual proxy declaring, Koum owned over 60 million shares of common stock. He likewise had an additional 19 million restricted supply devices, which vest with time and also work as an incentive for him to linger till November 2018.
Based on that vesting timetable, it appears like he's made regarding 3 million of those RSUs up until now this year.
So overall, he's marketed about one-third of his current risk in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and as the company is making changes to the service that could open brand-new moneymaking chances, but likewise runs the risk of pushing away some customers.
On Thursday, Facebook revealed that WhatsApp was altering its personal privacy plan for the first time given that the acquisition to allow Facebook to see the telephone number that a user shares when they enroll in WhatsApp. Facebook can use this details to enable organisations to speak to users straight through WhatsApp, as they can already do through Messenger, and will enable Facebook to show more appropriate ads to logged-in customers. Nonetheless, WhatsApp said it would not share these contact number straight with users.
WhatsApp passed greater than than 1 billion month-to-month users in February as well as is the most popular conversation app in majority of the world, according to current stats from SimilarWeb.
Facebook had no talk about the sales, as it does not talk about individuals' financial investment decisions.