Did Facebook Bought Whatsapp
By
fardhan alief
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Thursday, June 27, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that concentrates on assessing executive settlement as well as business information, to aid us analyze all the Stocks and also Exchange Commission filings pertaining to Koum's sales for 2016.
Did Facebook Bought Whatsapp
It turns out he's sold greater than 22 million shares worth approximately $2.8 billion since January.
Facebook consented to buy WhatsApp in February 2014 for over $19 billion in supply, as well as the price had actually gone up to $22 billion by October, when the deal closed, thanks to Facebook's increasing stock rate. Koum had about 45% of the business when he offered it, Forbes estimates, which indicates his take on paper was about $10 billion. He additionally obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum owned over 60 million shares of ordinary shares. He likewise had one more 19 million restricted supply systems, which vest over time and also work as a motivation for him to linger up until November 2018.
Based upon that vesting schedule, it resembles he's made about 3 numerous those RSUs so far this year.
So in general, he's offered about one-third of his existing stake in Facebook this year.
Koum's stock sales come as WhatsApp remains to grow rapidly and as the business is making changes to the solution that might open brand-new moneymaking opportunities, but also runs the risk of estranging some individuals.
On Thursday, Facebook introduced that WhatsApp was altering its privacy plan for the first time considering that the procurement to permit Facebook to see the contact number that a user shares when they sign up for WhatsApp. Facebook can use this info to allow businesses to contact customers directly through WhatsApp, as they can already do via Messenger, and will enable Facebook to show even more relevant advertisements to logged-in individuals. Nevertheless, WhatsApp claimed it would certainly not share these phone numbers directly with customers.
WhatsApp passed greater than than 1 billion regular monthly users in February as well as is one of the most prominent chat application in more than half of the globe, according to current statistics from SimilarWeb.
Facebook had no comment on the sales, as it doesn't talk about peoples' investment choices.