Whatsapp Purchase Facebook
By
Dany Firman Saputra
—
Sunday, October 20, 2019
—
Facebook Buys Whatsapp
So our asked Equilar, a company that concentrates on evaluating exec payment and also corporate information, to aid us examine all the Stocks as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
Whatsapp Purchase Facebook
It turns out he's sold more than 22 million shares worth about $2.8 billion given that January.
Facebook consented to purchase WhatsApp in February 2014 for over $19 billion in stock, and the cost had actually gone up to $22 billion by October, when the bargain shut, thanks to Facebook's climbing supply price. Koum owned about 45% of the business when he offered it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy filing, Koum had over 60 million shares of ordinary shares. He additionally had another 19 million limited supply units, which vest over time as well as function as a motivation for him to linger till November 2018.
Based upon that vesting schedule, it looks like he's gained about 3 million of those RSUs thus far this year.
So generally, he's marketed concerning 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 new moneymaking opportunities, yet likewise runs the risk of alienating some customers.
On Thursday, Facebook announced that WhatsApp was changing its personal privacy policy for the very first time because the acquisition to enable Facebook to see the telephone number that a user shares when they sign up for WhatsApp. Facebook can utilize this information to allow companies to speak to individuals straight with WhatsApp, as they can currently do with Messenger, and also will allow Facebook to show more pertinent advertisements to logged-in individuals. However, WhatsApp stated it would certainly not share these telephone number directly with customers.
WhatsApp passed greater than than 1 billion regular monthly individuals in February as well as is the most prominent chat application in majority of the world, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it doesn't talk about individuals' financial investment choices.