Facebook Buys Whatsapp for 19 Billion 2019
By
pupu sahma
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Monday, September 9, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a business that focuses on evaluating exec payment and also business data, to help us analyze all the Securities and also Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Buys Whatsapp For 19 Billion
It turns out he's sold greater than 22 million shares worth about $2.8 billion considering that January.
Facebook accepted get WhatsApp in February 2014 for over $19 billion in stock, and the cost had gone up to $22 billion by October, when the offer closed, thanks to Facebook's rising stock price. Koum had about 45% of the company when he sold it, Forbes estimates, which indicates his take on paper had to do with $10 billion. He also got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum possessed over 60 million shares of common stock. He additionally had an additional 19 million limited supply devices, which vest in time as well as serve as a motivation for him to linger up until November 2018.
Based on that vesting schedule, it resembles he's made concerning 3 million of those RSUs up until now this year.
So overall, he's marketed about one-third of his current risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and also as the company is making changes to the solution that can open brand-new moneymaking chances, however additionally runs the risk of estranging some customers.
On Thursday, Facebook announced that WhatsApp was altering its privacy policy for the very first time considering that the purchase to permit Facebook to see the telephone number that a user shares when they register for WhatsApp. Facebook can utilize this information to allow organisations to call individuals straight via WhatsApp, as they can currently do with Messenger, and also will certainly allow Facebook to show more pertinent advertisements to logged-in users. Nevertheless, WhatsApp claimed it would not share these phone numbers directly with individuals.
WhatsApp passed more than than 1 billion month-to-month individuals in February as well as is the most preferred chat app in more than half of the globe, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it does not talk about individuals' financial investment choices.