Facebook Buys Whatsapp for 19 Billion
By
fardhan alief
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Sunday, August 4, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a business that concentrates on analyzing exec compensation as well as company information, to assist us take a look at all the Stocks and also Exchange Compensation filings related to Koum's sales for 2016.
Facebook Buys Whatsapp For 19 Billion
It ends up he's offered more than 22 million shares worth approximately $2.8 billion because January.
Facebook agreed to buy 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 supply rate. Koum possessed regarding 45% of the company when he offered it, Forbes approximates, which indicates his take on paper had to do with $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum had over 60 million shares of ordinary shares. He additionally had one more 19 million restricted stock systems, which vest in time and also serve as a reward for him to stick around until November 2018.
Based on that vesting routine, it looks like he's gained concerning 3 numerous those RSUs so far this year.
So overall, he's offered about one-third of his current risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to grow rapidly and also as the business is making changes to the solution that can open brand-new moneymaking possibilities, but likewise runs the risk of pushing away some customers.
On Thursday, Facebook announced that WhatsApp was changing its personal privacy plan for the first time because the acquisition to enable Facebook to see the telephone number that a user shares when they register for WhatsApp. Facebook can use this info to allow businesses to contact individuals directly via WhatsApp, as they can currently do via Carrier, as well as will certainly allow Facebook to show even more pertinent advertisements to logged-in users. Nonetheless, WhatsApp stated it would not share these phone numbers directly with customers.
WhatsApp passed more than than 1 billion monthly individuals in February and is the most preferred chat app in over half of the world, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it does not talk about individuals' financial investment decisions.