Whatsapp Sale to Facebook
By
pusahma2008
—
Sunday, September 15, 2019
—
Facebook Buys Whatsapp
So our asked Equilar, a firm that focuses on examining exec settlement and also company data, to aid us check out all the Securities and also Exchange Compensation filings pertaining to Koum's sales for 2016.
Whatsapp Sale To Facebook
It turns out he's marketed more than 22 million shares worth approximately $2.8 billion considering that January.
Facebook consented to get WhatsApp in February 2014 for over $19 billion in supply, and also the rate had actually risen to $22 billion by October, when the deal closed, thanks to Facebook's climbing supply rate. Koum owned regarding 45% of the firm when he offered it, Forbes approximates, which means his take on paper was about $10 billion. He also 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 likewise had another 19 million restricted supply systems, which vest with time as well as function as an incentive for him to stay until November 2018.
Based on that vesting schedule, it looks like he's gained concerning 3 countless those RSUs up until now this year.
So in general, he's sold concerning one-third of his existing stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and as the firm is making changes to the service that might open brand-new moneymaking chances, however additionally risks pushing away some customers.
On Thursday, Facebook revealed that WhatsApp was altering its personal privacy plan for the first time given that the procurement to allow Facebook to see the telephone number that an individual shares when they register for WhatsApp. Facebook can utilize this details to permit businesses to contact individuals directly via WhatsApp, as they can currently do through Carrier, and also will certainly permit Facebook to reveal more relevant advertisements to logged-in users. Nonetheless, WhatsApp stated it would certainly not share these contact number straight with customers.
WhatsApp passed greater than than 1 billion monthly individuals in February and also is one of the most preferred chat app in more than half of the world, according to recent statistics from SimilarWeb.
Facebook had no discuss the sales, as it does not discuss peoples' investment choices.