Whatsapp Facebook Deal
By
Ega Wahyudi
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Friday, November 29, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a company that specializes in evaluating executive compensation as well as company data, to assist us analyze all the Stocks and Exchange Compensation filings pertaining to Koum's sales for 2016.
Whatsapp Facebook Deal
It ends up he's sold greater than 22 million shares worth approximately $2.8 billion since January.
Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in stock, and also the rate had actually gone up to $22 billion by October, when the bargain shut, thanks to Facebook's increasing supply rate. Koum had regarding 45% of the business when he marketed it, Forbes estimates, which means his take on paper had to do with $10 billion. He also obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy declaring, Koum possessed over 60 million shares of common stock. He also had another 19 million limited supply devices, which vest gradually as well as function as an incentive for him to stick around until November 2018.
Based on that vesting schedule, it appears like he's gained regarding 3 million of those RSUs until now this year.
So in general, he's sold regarding one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the business is making changes to the service that could open up new moneymaking chances, yet additionally risks estranging some customers.
On Thursday, Facebook introduced that WhatsApp was transforming its privacy policy for the first time because the procurement to permit Facebook to see the contact number that an individual shares when they sign up for WhatsApp. Facebook can utilize this details to permit companies to get in touch with users directly with WhatsApp, as they can currently do with Carrier, as well as will certainly permit Facebook to reveal even more relevant ads to logged-in users. However, WhatsApp claimed it would not share these phone numbers directly with customers.
WhatsApp passed more than than 1 billion month-to-month users in February and also is one of the most popular conversation app in majority of the world, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it does not comment on individuals' investment choices.