Whatsapp sold to Facebook
By
Ega Wahyudi
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Wednesday, February 12, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a company that focuses on evaluating executive compensation and also business data, to help us analyze all the Stocks as well as Exchange Commission filings pertaining to Koum's sales for 2016.
Whatsapp Sold To Facebook
It ends up he's marketed greater than 22 million shares worth roughly $2.8 billion given that January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in stock, and also the rate had risen to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock rate. Koum possessed concerning 45% of the company when he marketed it, Forbes estimates, which indicates 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 annual proxy declaring, Koum had over 60 million shares of common stock. He additionally had another 19 million limited stock units, which vest in time and function as a reward for him to linger up until November 2018.
Based on that vesting schedule, it resembles he's earned concerning 3 numerous those RSUs so far this year.
So on the whole, he's offered regarding one-third of his present risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to grow rapidly and also as the business is making changes to the solution that might open brand-new moneymaking possibilities, but also risks estranging some users.
On Thursday, Facebook introduced that WhatsApp was changing its privacy policy for the first time because the procurement to allow Facebook to see the contact number that a user shares when they sign up for WhatsApp. Facebook can use this information to allow companies to get in touch with individuals directly with WhatsApp, as they can currently do through Carrier, and will certainly allow Facebook to reveal even more pertinent ads to logged-in users. Nevertheless, WhatsApp claimed it would not share these contact number straight with customers.
WhatsApp passed greater than than 1 billion monthly individuals in February and is the most popular conversation app in over half of the world, according to recent stats from SimilarWeb.
Facebook had no comment on the sales, as it doesn't discuss individuals' investment choices.