Facebook Bought Whatsapp
By
Ega Wahyudi
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Sunday, March 22, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a firm that concentrates on examining executive payment as well as company information, to assist us examine all the Securities as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
Facebook Bought Whatsapp
It turns out he's marketed greater than 22 million shares worth approximately $2.8 billion because January.
Facebook agreed to get WhatsApp in February 2014 for over $19 billion in supply, as well as the rate had actually risen to $22 billion by October, when the bargain shut, thanks to Facebook's increasing stock cost. Koum possessed concerning 45% of the company when he offered 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 yearly proxy filing, Koum owned over 60 million shares of common stock. He additionally had another 19 million restricted supply systems, which vest in time as well as work as a motivation for him to remain until November 2018.
Based upon that vesting routine, it appears like he's gained about 3 million of those RSUs until now this year.
So overall, he's sold concerning one-third of his present risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the company is making changes to the service that might open up new moneymaking opportunities, but likewise takes the chance of alienating some individuals.
On Thursday, Facebook introduced that WhatsApp was changing its personal privacy plan for the very first time because the procurement to enable Facebook to see the phone number that a customer shares when they sign up for WhatsApp. Facebook can use this information to permit services to call users directly with WhatsApp, as they can already do via Messenger, and also will certainly enable Facebook to show even more appropriate advertisements to logged-in users. However, WhatsApp claimed it would certainly not share these contact number straight with customers.
WhatsApp passed greater than than 1 billion month-to-month individuals in February and is the most prominent chat app in over half of the globe, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it does not talk about individuals' investment choices.