Whatsapp Bought by Facebook
By
Dany Firman Saputra
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Tuesday, December 17, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that focuses on evaluating executive settlement as well as corporate information, to help us take a look at all the Securities and Exchange Compensation filings pertaining to Koum's sales for 2016.
Whatsapp Bought By Facebook
It turns out he's sold more than 22 million shares worth roughly $2.8 billion given that January.
Facebook consented to buy WhatsApp in February 2014 for over $19 billion in stock, and the rate had gone up to $22 billion by October, when the bargain shut, thanks to Facebook's climbing stock rate. Koum owned regarding 45% of the firm when he marketed it, Forbes estimates, which implies 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 yearly proxy declaring, Koum had over 60 million shares of common stock. He additionally had an additional 19 million limited stock devices, which vest with time and serve as an incentive for him to stick around up until November 2018.
Based on that vesting timetable, it looks like he's earned concerning 3 numerous those RSUs so far this year.
So in general, he's offered about one-third of his existing risk 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 new moneymaking possibilities, yet also takes the chance of estranging some customers.
On Thursday, Facebook introduced that WhatsApp was transforming its privacy policy for the very first time because the purchase to enable Facebook to see the telephone number that a customer shares when they enroll in WhatsApp. Facebook can utilize this info to allow organisations to contact users directly through WhatsApp, as they can currently do via Messenger, as well as will certainly enable Facebook to reveal more pertinent ads to logged-in users. Nonetheless, WhatsApp said it would certainly not share these phone numbers directly with individuals.
WhatsApp passed more than than 1 billion monthly customers in February and is one of the most prominent chat app in over half of the globe, according to recent statistics from SimilarWeb.
Facebook had no comment on the sales, as it does not discuss individuals' investment decisions.