Facebook Whatsapp Deal
By
fardhan alief
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Tuesday, July 16, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that focuses on examining exec compensation and also company information, to assist us analyze all the Securities as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
Facebook Whatsapp Deal
It turns out he's marketed greater than 22 million shares worth roughly $2.8 billion because January.
Facebook accepted acquire WhatsApp in February 2014 for over $19 billion in supply, and the price had actually increased to $22 billion by October, when the deal shut, thanks to Facebook's climbing stock price. Koum owned concerning 45% of the business when he offered it, Forbes estimates, which suggests his take on paper was about $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy declaring, Koum had over 60 million shares of common stock. He additionally had one more 19 million limited supply units, which vest with time as well as work as an incentive for him to stay till November 2018.
Based on that vesting timetable, it appears like he's earned about 3 countless those RSUs up until now this year.
So overall, he's marketed about one-third of his current risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and also as the business is making changes to the solution that can open new moneymaking chances, yet likewise runs the risk of alienating some customers.
On Thursday, Facebook announced that WhatsApp was transforming its privacy policy for the first time considering that the purchase to permit Facebook to see the phone number that a user shares when they sign up for WhatsApp. Facebook can utilize this information to permit organisations to contact customers straight through WhatsApp, as they can currently do with Messenger, and also will permit Facebook to show even more relevant advertisements to logged-in customers. Nonetheless, WhatsApp said it would certainly not share these phone numbers straight with individuals.
WhatsApp passed more than than 1 billion monthly users in February and is one of the most prominent chat application in over half of the world, according to recent stats from SimilarWeb.
Facebook had no talk about the sales, as it does not talk about peoples' investment decisions.