Whatsapp Bought by Facebook
By
Ega Wahyudi
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Sunday, April 12, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a business that focuses on analyzing exec compensation and corporate information, to assist us examine all the Securities and also Exchange Commission filings pertaining to Koum's sales for 2016.
Whatsapp Bought By Facebook
It turns out he's offered greater than 22 million shares worth roughly $2.8 billion considering that January.
Facebook agreed to buy WhatsApp in February 2014 for over $19 billion in supply, as well as the rate had gone up to $22 billion by October, when the bargain closed, thanks to Facebook's rising supply cost. Koum possessed concerning 45% of the company when he offered it, Forbes approximates, which indicates 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 yearly proxy filing, Koum owned over 60 million shares of common stock. He likewise had one more 19 million restricted supply units, which vest with time and also function as a reward for him to stay until November 2018.
Based on that vesting timetable, it resembles he's earned regarding 3 million of those RSUs so far this year.
So overall, he's offered about one-third of his present risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the company is making changes to the service that could open new moneymaking opportunities, however additionally risks estranging some users.
On Thursday, Facebook revealed that WhatsApp was altering its privacy policy for the very first time because the procurement to enable Facebook to see the contact number that a user shares when they sign up for WhatsApp. Facebook can utilize this information to allow organisations to call users directly with WhatsApp, as they can already do with Messenger, and will certainly allow Facebook to show even more appropriate advertisements to logged-in customers. Nonetheless, WhatsApp stated it would certainly not share these contact number straight with individuals.
WhatsApp passed more than than 1 billion monthly individuals in February and is one of the most popular conversation app in majority of the world, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it doesn't discuss individuals' financial investment choices.