Facebook Buys Whatsapp
By
pusahma2008
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Wednesday, January 8, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a company that specializes in evaluating exec settlement and company data, to help us take a look at all the Securities and also Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Buys Whatsapp
It turns out he's offered greater than 22 million shares worth about $2.8 billion because January.
Facebook agreed to buy WhatsApp in February 2014 for over $19 billion in supply, and also the price had actually risen to $22 billion by October, when the bargain closed, thanks to Facebook's rising supply rate. Koum owned regarding 45% of the company when he offered it, Forbes approximates, which implies his take on paper had to do with $10 billion. He additionally obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum had over 60 million shares of common stock. He likewise had an additional 19 million limited stock devices, which vest with time and serve as a reward for him to linger till November 2018.
Based on that vesting schedule, it resembles he's earned regarding 3 numerous those RSUs until now this year.
So on the whole, he's marketed regarding one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and also as the business is making changes to the solution that could open new moneymaking opportunities, however also risks alienating some individuals.
On Thursday, Facebook revealed that WhatsApp was changing its personal privacy plan for the first time considering that the purchase to enable Facebook to see the telephone number that a customer shares when they sign up for WhatsApp. Facebook can utilize this details to permit companies to get in touch with customers straight with WhatsApp, as they can already do through Carrier, and will allow Facebook to reveal more appropriate ads to logged-in customers. Nonetheless, WhatsApp stated it would certainly not share these telephone number directly with users.
WhatsApp passed more than than 1 billion monthly individuals in February and also is the most preferred conversation application in majority of the world, according to current statistics from SimilarWeb.
Facebook had no talk about the sales, as it doesn't discuss individuals' financial investment decisions.