Whatsapp Sale to Facebook 2019
By
pupu sahma
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Wednesday, August 21, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in analyzing executive settlement and also business data, to assist us examine all the Securities and also Exchange Compensation filings related to Koum's sales for 2016.
Whatsapp Sale To Facebook
It turns out he's offered greater than 22 million shares worth about $2.8 billion since January.
Facebook agreed to get WhatsApp in February 2014 for over $19 billion in supply, and the rate had increased to $22 billion by October, when the deal shut, thanks to Facebook's increasing supply rate. Koum possessed regarding 45% of the company when he marketed it, Forbes estimates, which means 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 yearly proxy filing, Koum had over 60 million shares of common stock. He also had one more 19 million limited supply systems, which vest gradually as well as function as a reward for him to remain until November 2018.
Based on that vesting timetable, it appears like he's made regarding 3 countless those RSUs until now this year.
So generally, he's sold concerning one-third of his present 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 service that might open up brand-new moneymaking chances, but additionally risks pushing away some customers.
On Thursday, Facebook announced that WhatsApp was transforming its privacy plan for the very first time given that the purchase to permit Facebook to see the contact number that a user shares when they register for WhatsApp. Facebook can use this information to permit businesses to speak to customers directly through WhatsApp, as they can already do through Messenger, and will certainly allow Facebook to show more relevant ads to logged-in individuals. However, WhatsApp said it would not share these telephone number straight with customers.
WhatsApp passed greater than than 1 billion month-to-month customers in February and also is one of the most prominent conversation application in majority of the world, according to current statistics from SimilarWeb.
Facebook had no discuss the sales, as it does not comment on peoples' financial investment choices.