Did Facebook Buy Whatsapp 2019
By
fardhan alief
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Tuesday, October 22, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a company that specializes in evaluating executive payment and also business information, to assist us analyze all the Stocks and also Exchange Commission filings related to Koum's sales for 2016.
Did Facebook Buy Whatsapp
It turns out he's marketed greater than 22 million shares worth about $2.8 billion since January.
Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, and also the rate had increased to $22 billion by October, when the deal closed, thanks to Facebook's climbing supply rate. Koum had about 45% of the firm when he marketed it, Forbes estimates, which indicates his take on paper was about $10 billion. He additionally 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 ordinary shares. He additionally had one more 19 million restricted supply units, which vest in time as well as work as a reward for him to linger until November 2018.
Based on that vesting timetable, it appears like he's earned regarding 3 million of those RSUs until now this year.
So overall, he's offered concerning one-third of his existing stake in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and also as the firm is making changes to the solution that might open brand-new moneymaking chances, however additionally risks alienating some users.
On Thursday, Facebook revealed that WhatsApp was altering its privacy plan for the first time given that the procurement to permit Facebook to see the contact number that an individual shares when they register for WhatsApp. Facebook can use this information to allow businesses to speak to individuals straight with WhatsApp, as they can already do through Carrier, and also will certainly enable Facebook to reveal more relevant ads to logged-in individuals. Nevertheless, WhatsApp said it would certainly not share these telephone number straight with individuals.
WhatsApp passed more than than 1 billion monthly customers in February as well as is the most prominent conversation application in more than half of the globe, according to current stats from SimilarWeb.
Facebook had no discuss the sales, as it does not discuss individuals' financial investment decisions.