Facebook Buys Whatsapp for 19 Billion
By
Ega Wahyudi
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Sunday, November 10, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a company that concentrates on analyzing exec settlement and business information, to aid us check out all the Securities as well as Exchange Payment filings pertaining to Koum's sales for 2016.
Facebook Buys Whatsapp For 19 Billion
It ends up he's marketed greater than 22 million shares worth approximately $2.8 billion given that January.
Facebook agreed to acquire WhatsApp in February 2014 for over $19 billion in stock, and also the price had risen to $22 billion by October, when the offer closed, thanks to Facebook's climbing stock price. Koum possessed regarding 45% of the firm when he offered it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum owned over 60 million shares of ordinary shares. He likewise had another 19 million restricted stock systems, which vest with time as well as function as an incentive for him to remain till November 2018.
Based on that vesting timetable, it looks like he's gained regarding 3 million of those RSUs so far 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 continues to grow rapidly and as the business is making changes to the service that might open new moneymaking possibilities, yet additionally risks estranging some users.
On Thursday, Facebook revealed that WhatsApp was changing its privacy plan for the very first time given that the acquisition to permit Facebook to see the telephone number that a customer shares when they sign up for WhatsApp. Facebook can utilize this info to allow companies to call individuals straight through WhatsApp, as they can already do with Carrier, and also will certainly permit Facebook to reveal even more appropriate ads to logged-in users. Nonetheless, WhatsApp claimed it would certainly not share these contact number directly with individuals.
WhatsApp passed more than than 1 billion monthly individuals in February and also is the most preferred chat application in over half of the globe, according to recent stats from SimilarWeb.
Facebook had no discuss the sales, as it doesn't comment on individuals' financial investment choices.