Facebook Buys Whatsapp for 19 Billion 2019
By
fardhan alief
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Saturday, September 14, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a company that specializes in analyzing exec settlement and company information, to aid us analyze all the Securities and also Exchange Payment filings pertaining to Koum's sales for 2016.
Facebook Buys Whatsapp For 19 Billion
It ends up he's marketed greater than 22 million shares worth roughly $2.8 billion since January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in stock, and also the cost had actually risen to $22 billion by October, when the offer shut, thanks to Facebook's rising supply price. Koum possessed concerning 45% of the firm when he offered it, Forbes estimates, which means his take on paper was about $10 billion. He also obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy filing, Koum possessed over 60 million shares of ordinary shares. He likewise had one more 19 million limited supply systems, which vest gradually and function as an incentive for him to stay up until November 2018.
Based on that vesting routine, it looks like he's gained regarding 3 million of those RSUs so far this year.
So on the whole, he's offered regarding one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and also as the firm is making changes to the solution that can open up brand-new moneymaking chances, yet likewise takes the chance of alienating some users.
On Thursday, Facebook revealed that WhatsApp was changing its personal privacy plan for the very first time because the procurement to allow Facebook to see the contact number that a customer shares when they register for WhatsApp. Facebook can utilize this information to permit companies to contact customers straight through WhatsApp, as they can already do through Messenger, and also will enable Facebook to show more relevant ads to logged-in individuals. Nonetheless, WhatsApp said it would certainly not share these telephone number straight with individuals.
WhatsApp passed more than than 1 billion regular monthly users in February and also is one of the most preferred conversation application in over half of the globe, according to recent stats from SimilarWeb.
Facebook had no discuss the sales, as it does not discuss peoples' investment decisions.