Whatsapp Bought by Facebook
By
pusahma2008
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Tuesday, November 12, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a business that specializes in assessing executive settlement and also business data, to aid us take a look at all the Securities as well as Exchange Commission filings related to Koum's sales for 2016.
Whatsapp Bought By Facebook
It turns out he's marketed more than 22 million shares worth approximately $2.8 billion because January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in stock, and also the cost had gone up to $22 billion by October, when the bargain shut, thanks to Facebook's increasing supply rate. Koum possessed regarding 45% of the business when he sold it, Forbes approximates, which indicates his take on paper was about $10 billion. He likewise obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy declaring, Koum had over 60 million shares of common stock. He additionally had one more 19 million limited supply systems, which vest over time and serve as a motivation for him to linger up until November 2018.
Based on that vesting timetable, it resembles he's earned regarding 3 countless those RSUs so far this year.
So on the whole, he's offered about one-third of his current risk in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and as the company is making changes to the solution that could open up brand-new moneymaking opportunities, however additionally takes the chance of estranging some customers.
On Thursday, Facebook announced that WhatsApp was changing its privacy plan for the very first time given that the acquisition to permit Facebook to see the contact number that an individual shares when they enroll in WhatsApp. Facebook can use this details to enable organisations to get in touch with individuals directly via WhatsApp, as they can currently do through Messenger, and also will certainly enable Facebook to show even more appropriate advertisements to logged-in individuals. However, WhatsApp stated it would certainly not share these telephone number directly with users.
WhatsApp passed more than than 1 billion monthly users in February as well as is the most popular conversation app in more than half of the world, according to current statistics from SimilarWeb.
Facebook had no talk about the sales, as it does not talk about individuals' investment choices.