Whatsapp sold to Facebook
By
Dany Firman Saputra
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Sunday, February 16, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in examining exec compensation and company data, to assist us check out all the Securities and Exchange Compensation filings related to Koum's sales for 2016.
Whatsapp Sold To Facebook
It ends up he's marketed greater than 22 million shares worth about $2.8 billion given that January.
Facebook consented to buy WhatsApp in February 2014 for over $19 billion in stock, as well as the price had actually gone up to $22 billion by October, when the offer closed, thanks to Facebook's rising stock rate. Koum possessed concerning 45% of the business when he offered it, Forbes estimates, which indicates his take on paper had to do with $10 billion. He also 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 ordinary shares. He likewise had another 19 million limited stock systems, which vest with time and function as a motivation for him to stay till November 2018.
Based on that vesting schedule, it resembles he's gained regarding 3 numerous those RSUs so far this year.
So on the whole, he's sold regarding one-third of his present risk 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 might open up brand-new moneymaking chances, however likewise runs the risk of alienating some individuals.
On Thursday, Facebook revealed that WhatsApp was transforming its privacy plan for the very first time given that the purchase to enable Facebook to see the contact number that a user shares when they register for WhatsApp. Facebook can use this info to enable companies to get in touch with individuals directly through WhatsApp, as they can already do via Carrier, and also will certainly allow Facebook to show even more relevant ads to logged-in users. Nevertheless, WhatsApp claimed it would certainly not share these phone numbers straight with individuals.
WhatsApp passed more than than 1 billion month-to-month users in February and also is the most popular conversation application in more than half of the world, according to recent stats from SimilarWeb.
Facebook had no talk about the sales, as it does not comment on peoples' financial investment choices.