How Much Did Facebook Buy Whatsapp for
By
Dany Firman Saputra
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Thursday, November 28, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a business that concentrates on assessing exec settlement as well as corporate data, to help us examine all the Stocks and also Exchange Payment filings pertaining to Koum's sales for 2016.
How Much Did Facebook Buy Whatsapp For
It ends up he's offered more than 22 million shares worth about $2.8 billion because January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in stock, as well as the cost had gone up to $22 billion by October, when the deal shut, thanks to Facebook's rising supply rate. Koum had regarding 45% of the business when he marketed it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He also obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum owned over 60 million shares of ordinary shares. He also had another 19 million restricted supply devices, which vest gradually and also serve as an incentive for him to linger till November 2018.
Based on that vesting routine, it resembles he's earned regarding 3 countless those RSUs until now this year.
So overall, he's offered concerning one-third of his existing stake in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and as the business is making changes to the service that can open brand-new moneymaking possibilities, but additionally risks alienating some individuals.
On Thursday, Facebook announced that WhatsApp was altering its personal privacy policy for the very first time given that the procurement to enable Facebook to see the contact number that a user shares when they register for WhatsApp. Facebook can utilize this details to allow services to call users straight with WhatsApp, as they can already do through Messenger, and also will certainly enable Facebook to reveal more appropriate advertisements to logged-in individuals. Nonetheless, WhatsApp said it would certainly not share these contact number directly with individuals.
WhatsApp passed more than than 1 billion monthly individuals in February and also is one of the most prominent chat app in more than half of the globe, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it does not comment on individuals' financial investment choices.