Whatsapp Bought by Facebook 2019
By
pupu sahma
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Thursday, January 2, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a business that focuses on analyzing executive compensation and business information, to help us examine all the Securities and also Exchange Commission filings related to Koum's sales for 2016.
Whatsapp Bought By Facebook
It turns out he's marketed greater than 22 million shares worth roughly $2.8 billion given that January.
Facebook consented to buy WhatsApp in February 2014 for over $19 billion in stock, and also the cost had actually risen to $22 billion by October, when the deal shut, thanks to Facebook's rising stock rate. Koum owned concerning 45% of the company when he offered 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 filing, Koum possessed over 60 million shares of common stock. He additionally had one more 19 million restricted stock units, which vest gradually and also function as a reward for him to stay until November 2018.
Based on that vesting routine, it appears like he's gained regarding 3 million of those RSUs up until now this year.
So on the whole, he's marketed regarding one-third of his present risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and as the company is making changes to the solution that might open new moneymaking chances, however additionally takes the chance of alienating some customers.
On Thursday, Facebook announced that WhatsApp was changing its personal privacy plan for the very first time since the acquisition to enable Facebook to see the telephone number that an individual shares when they enroll in WhatsApp. Facebook can use this details to enable companies to get in touch with customers straight through WhatsApp, as they can already do via Carrier, and will certainly allow Facebook to reveal more appropriate ads to logged-in customers. However, WhatsApp claimed it would not share these telephone number straight with individuals.
WhatsApp passed more than than 1 billion monthly users in February and is one of the most popular conversation application in majority of the world, according to recent statistics from SimilarWeb.
Facebook had no comment on the sales, as it doesn't discuss peoples' financial investment decisions.