Facebook Whatsapp Acquisition 2019
By
pupu sahma
—
Monday, November 25, 2019
—
Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in assessing executive payment and also corporate data, to aid us analyze all the Securities and Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Whatsapp Acquisition
It turns out he's sold greater than 22 million shares worth about $2.8 billion considering that January.
Facebook agreed to buy WhatsApp in February 2014 for over $19 billion in stock, and the cost had gone up to $22 billion by October, when the bargain shut, thanks to Facebook's rising supply price. Koum owned concerning 45% of the company when he sold it, Forbes approximates, which suggests his take on paper was about $10 billion. He likewise obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy declaring, Koum owned over 60 million shares of ordinary shares. He likewise had another 19 million restricted supply units, which vest in time as well as function as a reward for him to linger till November 2018.
Based upon that vesting schedule, it appears like he's gained about 3 countless those RSUs up until now this year.
So overall, he's marketed regarding one-third of his current risk in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and as the company is making changes to the solution that can open brand-new moneymaking opportunities, however additionally takes the chance of pushing away some customers.
On Thursday, Facebook introduced that WhatsApp was altering its privacy plan for the very first time considering that the purchase to allow Facebook to see the telephone number that a user shares when they sign up for WhatsApp. Facebook can use this details to allow services to get in touch with users straight with WhatsApp, as they can already do via Messenger, and will allow Facebook to show more relevant advertisements to logged-in users. Nevertheless, WhatsApp said it would not share these telephone number directly with customers.
WhatsApp passed greater than than 1 billion month-to-month users in February as well as is 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 talk about individuals' financial investment choices.