Whatsapp Purchase Facebook
By
pusahma2008
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Wednesday, October 23, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a business that concentrates on assessing executive settlement and corporate information, to assist us analyze all the Stocks and also Exchange Payment filings pertaining to Koum's sales for 2016.
Whatsapp Purchase Facebook
It turns out he's marketed greater than 22 million shares worth about $2.8 billion considering that January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in supply, as well as the price had actually gone up to $22 billion by October, when the offer closed, thanks to Facebook's rising supply cost. Koum owned regarding 45% of the company when he sold it, Forbes estimates, which implies his take on paper was about $10 billion. He additionally obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum owned over 60 million shares of ordinary shares. He additionally had another 19 million restricted stock systems, which vest over time and act as a motivation for him to stay up until November 2018.
Based on that vesting routine, it resembles he's earned about 3 million of those RSUs thus far this year.
So overall, he's marketed regarding one-third of his current risk in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and as the business is making changes to the service that can open up brand-new moneymaking opportunities, but additionally risks pushing away some customers.
On Thursday, Facebook announced that WhatsApp was changing its personal privacy policy for the very first time because the acquisition to permit Facebook to see the telephone number that an individual shares when they sign up for WhatsApp. Facebook can utilize this details to allow businesses to get in touch with users directly through WhatsApp, as they can currently do via Carrier, and also will certainly permit Facebook to show more appropriate advertisements to logged-in customers. Nonetheless, WhatsApp said it would not share these phone numbers directly with customers.
WhatsApp passed greater than than 1 billion monthly individuals in February and also is one of the most prominent chat app in majority of the world, according to current statistics from SimilarWeb.
Facebook had no comment on the sales, as it does not comment on individuals' financial investment choices.