Facebook Deal with Whatsapp
By
Ega Wahyudi
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Thursday, March 5, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in analyzing executive settlement and corporate data, to assist us take a look at all the Securities as well as Exchange Compensation filings related to Koum's sales for 2016.
Facebook Deal With Whatsapp
It turns out he's offered greater than 22 million shares worth roughly $2.8 billion since January.
Facebook accepted acquire WhatsApp in February 2014 for over $19 billion in stock, and the rate had actually increased to $22 billion by October, when the offer shut, thanks to Facebook's rising stock price. Koum had about 45% of the business when he sold it, Forbes estimates, which indicates 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 filing, Koum possessed over 60 million shares of ordinary shares. He additionally had an additional 19 million limited stock systems, which vest gradually as well as work as an incentive for him to linger up until November 2018.
Based upon that vesting schedule, it looks like he's gained regarding 3 numerous those RSUs so far this year.
So generally, he's sold concerning one-third of his existing risk in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and also as the firm is making changes to the service that could open up brand-new moneymaking chances, however also takes the chance of pushing away some users.
On Thursday, Facebook introduced that WhatsApp was transforming its privacy policy for the first time because the procurement to enable Facebook to see the phone number that an individual shares when they register for WhatsApp. Facebook can use this details to enable companies to call individuals straight with WhatsApp, as they can currently do via Carrier, and also will certainly enable Facebook to reveal even more appropriate ads to logged-in individuals. However, WhatsApp stated it would not share these phone numbers straight with individuals.
WhatsApp passed greater than than 1 billion monthly individuals in February as well as 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 peoples' investment decisions.