Why Did Facebook Buy Whatsapp
By
Ega Wahyudi
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Wednesday, April 29, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a business that specializes in assessing executive compensation as well as corporate information, to assist us examine all the Stocks and Exchange Compensation filings related to Koum's sales for 2016.
Why Did Facebook Buy Whatsapp
It ends up he's sold more than 22 million shares worth approximately $2.8 billion considering that January.
Facebook agreed to get WhatsApp in February 2014 for over $19 billion in supply, and the rate had actually increased to $22 billion by October, when the offer shut, thanks to Facebook's increasing supply rate. Koum possessed concerning 45% of the firm when he marketed it, Forbes approximates, which indicates 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 common stock. He likewise had another 19 million limited supply systems, which vest with time and also act as a motivation for him to remain till November 2018.
Based on that vesting timetable, it appears like he's earned regarding 3 numerous those RSUs thus far this year.
So overall, he's marketed regarding one-third of his present risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the firm is making changes to the solution that can open up new moneymaking possibilities, however additionally risks estranging some individuals.
On Thursday, Facebook introduced that WhatsApp was transforming its privacy policy for the very first time since the acquisition to enable Facebook to see the phone number that an individual shares when they enroll in WhatsApp. Facebook can use this details to allow organisations to contact users directly via WhatsApp, as they can currently do with Messenger, and will certainly permit Facebook to show even more relevant advertisements to logged-in customers. Nevertheless, WhatsApp stated it would certainly not share these telephone number straight with users.
WhatsApp passed greater than than 1 billion regular monthly customers in February as well as is the most preferred chat application in majority of the globe, according to current stats from SimilarWeb.
Facebook had no talk about the sales, as it does not talk about individuals' investment decisions.