Whatsapp Facebook Deal 2019
By
pupu sahma
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Thursday, October 17, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in evaluating executive payment and also corporate information, to aid us take a look at all the Stocks and also Exchange Compensation filings related to Koum's sales for 2016.
Whatsapp Facebook Deal
It ends up he's offered greater than 22 million shares worth about $2.8 billion because January.
Facebook accepted get WhatsApp in February 2014 for over $19 billion in stock, and the price had gone up to $22 billion by October, when the bargain shut, thanks to Facebook's increasing supply rate. Koum had regarding 45% of the firm when he marketed it, Forbes estimates, which indicates his take on paper was about $10 billion. He also 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 ordinary shares. He likewise had one more 19 million restricted stock units, which vest over time and also function as a reward for him to stay until November 2018.
Based upon that vesting routine, it looks like he's gained about 3 numerous those RSUs until now this year.
So overall, he's offered concerning one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the firm is making changes to the service that could open brand-new moneymaking chances, but additionally runs the risk of pushing away some individuals.
On Thursday, Facebook announced that WhatsApp was altering its personal privacy policy for the first time considering that the acquisition to allow Facebook to see the phone number that an individual shares when they register for WhatsApp. Facebook can use this details to permit companies to contact customers straight via WhatsApp, as they can currently do through Carrier, and will certainly allow Facebook to reveal even more relevant ads to logged-in individuals. However, WhatsApp stated it would not share these telephone number straight with users.
WhatsApp passed greater than than 1 billion monthly individuals in February and is one of the most popular conversation application in over half of the globe, according to recent stats from SimilarWeb.
Facebook had no comment on the sales, as it does not discuss peoples' financial investment choices.