Facebook Whatsapp Acquisition
By
pusahma2008
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Saturday, June 8, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in analyzing executive compensation and corporate data, to assist us check out all the Stocks and Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Whatsapp Acquisition
It turns out he's sold greater than 22 million shares worth about $2.8 billion since January.
Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in stock, and the rate had risen to $22 billion by October, when the offer shut, thanks to Facebook's increasing stock rate. Koum possessed concerning 45% of the company when he offered it, Forbes approximates, which suggests his take on paper had to do with $10 billion. He likewise obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum possessed over 60 million shares of common stock. He likewise had another 19 million restricted supply systems, which vest gradually and also serve as an incentive for him to stay till November 2018.
Based upon that vesting routine, it appears like he's gained about 3 million of those RSUs up until now this year.
So in general, he's marketed concerning one-third of his current stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and as the company is making changes to the solution that could open up new moneymaking chances, yet additionally takes the chance of alienating some customers.
On Thursday, Facebook revealed that WhatsApp was altering its personal privacy policy for the very first time since the procurement to enable Facebook to see the telephone number that a user shares when they enroll in WhatsApp. Facebook can utilize this info to permit companies to contact customers directly via WhatsApp, as they can already do via Carrier, and also will certainly permit Facebook to show more pertinent advertisements to logged-in users. Nevertheless, WhatsApp said it would certainly not share these telephone number straight with individuals.
WhatsApp passed greater than than 1 billion month-to-month customers in February as well as is one of the most preferred chat app in more than half of the world, according to current stats from SimilarWeb.
Facebook had no discuss the sales, as it doesn't discuss individuals' investment decisions.