Facebook Whatsapp Deal 2019
By
pupu sahma
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Saturday, February 29, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in examining exec compensation and also corporate information, to help us analyze all the Stocks and Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Whatsapp Deal
It ends up he's offered more than 22 million shares worth approximately $2.8 billion since January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in stock, and the price had actually gone up to $22 billion by October, when the deal shut, thanks to Facebook's climbing stock price. Koum possessed regarding 45% of the firm when he marketed it, Forbes estimates, which means his take on paper had to do with $10 billion. He also 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 ordinary shares. He also had an additional 19 million restricted supply devices, which vest gradually and also serve as a motivation for him to linger till November 2018.
Based upon that vesting schedule, it resembles he's earned about 3 million of those RSUs until now this year.
So generally, he's sold concerning one-third of his existing risk in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and as the company is making changes to the service that could open brand-new moneymaking chances, but likewise runs the risk of estranging some individuals.
On Thursday, Facebook introduced that WhatsApp was changing its personal privacy policy for the very first time considering that the purchase to enable Facebook to see the phone number that an individual shares when they enroll in WhatsApp. Facebook can use this information to enable services to get in touch with customers straight via WhatsApp, as they can currently do with Messenger, as well as will certainly enable Facebook to show even more appropriate advertisements to logged-in customers. Nonetheless, WhatsApp stated it would certainly not share these contact number straight with users.
WhatsApp passed greater than than 1 billion month-to-month users in February and also is one of the most prominent conversation app in more than half of the world, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it doesn't comment on peoples' investment decisions.