Whatsapp Sale to Facebook
By
pusahma2008
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Sunday, May 19, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a company that concentrates on assessing exec settlement and also business data, to assist us analyze all the Securities and also Exchange Commission filings pertaining to Koum's sales for 2016.
Whatsapp Sale To Facebook
It turns out he's offered greater than 22 million shares worth approximately $2.8 billion considering that January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in supply, as well as the rate had gone up to $22 billion by October, when the offer shut, thanks to Facebook's rising supply cost. Koum had 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 annual proxy declaring, Koum had over 60 million shares of common stock. He additionally had another 19 million limited stock devices, which vest gradually and serve as a reward for him to linger till November 2018.
Based upon that vesting schedule, it appears like he's made about 3 million of those RSUs up until now this year.
So generally, he's offered about one-third of his existing stake in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and also as the business is making changes to the service that could open brand-new moneymaking opportunities, yet additionally runs the risk of estranging some individuals.
On Thursday, Facebook revealed that WhatsApp was changing its personal privacy policy for the first time because the procurement to enable Facebook to see the contact number that a customer shares when they sign up for WhatsApp. Facebook can utilize this details to allow organisations to call individuals directly through WhatsApp, as they can already do with Messenger, as well as will permit Facebook to reveal more relevant advertisements to logged-in customers. Nevertheless, WhatsApp said it would not share these phone numbers directly with users.
WhatsApp passed greater than than 1 billion regular monthly users in February as well as is the most preferred conversation application in over half of the world, according to current statistics from SimilarWeb.
Facebook had no discuss the sales, as it does not talk about individuals' investment decisions.