Did Facebook Bought Whatsapp
By
Ega Wahyudi
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Sunday, January 26, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a firm that concentrates on assessing executive settlement and also corporate information, to aid us analyze all the Securities as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
Did Facebook Bought Whatsapp
It turns out he's marketed more than 22 million shares worth about $2.8 billion given that January.
Facebook agreed to buy WhatsApp in February 2014 for over $19 billion in stock, and the cost had actually gone up to $22 billion by October, when the deal shut, thanks to Facebook's increasing stock cost. Koum owned regarding 45% of the business when he sold it, Forbes approximates, which means his take on paper had to do with $10 billion. He likewise obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum possessed over 60 million shares of ordinary shares. He likewise had one more 19 million limited stock units, which vest gradually as well as serve as a motivation for him to stay up until November 2018.
Based on that vesting timetable, it looks like he's gained regarding 3 numerous those RSUs until now this year.
So in general, he's sold regarding one-third of his current risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and as the firm is making changes to the service that can open new moneymaking opportunities, however likewise risks alienating some users.
On Thursday, Facebook announced that WhatsApp was changing its personal privacy policy for the very first time given that the acquisition to permit Facebook to see the phone number that an individual shares when they sign up for WhatsApp. Facebook can utilize this info to permit businesses to speak to customers directly with WhatsApp, as they can currently do via Carrier, and will permit Facebook to show even more appropriate ads to logged-in customers. Nevertheless, WhatsApp stated it would certainly not share these phone numbers directly with customers.
WhatsApp passed more than than 1 billion regular monthly users in February as well as is one of the most preferred conversation application in more than half of the world, according to recent statistics from SimilarWeb.
Facebook had no comment on the sales, as it doesn't discuss individuals' financial investment choices.