Facebook Buys Whatsapp 2019
By
pupu sahma
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Thursday, March 19, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a business that focuses on analyzing exec compensation as well as company data, to aid us check out all the Stocks and Exchange Compensation filings related to Koum's sales for 2016.
Facebook Buys Whatsapp
It turns out he's sold more than 22 million shares worth about $2.8 billion given that January.
Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in stock, as well as the rate had gone up to $22 billion by October, when the deal shut, thanks to Facebook's climbing supply cost. Koum owned concerning 45% of the business when he offered it, Forbes approximates, which indicates his take on paper was about $10 billion. He also got 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 common stock. He additionally had an additional 19 million restricted supply units, which vest with time and also function as an incentive for him to stay up until November 2018.
Based upon that vesting routine, it resembles he's gained concerning 3 countless those RSUs thus far this year.
So generally, he's sold concerning one-third of his current stake in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and also as the company is making changes to the service that could open brand-new moneymaking opportunities, yet additionally risks alienating some customers.
On Thursday, Facebook introduced that WhatsApp was changing its personal privacy policy for the first time because the purchase to allow Facebook to see the phone number that an individual shares when they register for WhatsApp. Facebook can utilize this details to permit businesses to contact customers directly through WhatsApp, as they can already do via Messenger, and will allow Facebook to reveal even more pertinent advertisements to logged-in customers. Nonetheless, WhatsApp said it would not share these contact number straight with customers.
WhatsApp passed greater than than 1 billion regular monthly customers in February and is the most popular conversation application in majority of the world, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it doesn't talk about peoples' financial investment decisions.