Whatsapp Sale to Facebook 2019
By
fardhan alief
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Thursday, March 5, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a company that concentrates on evaluating executive compensation and also company information, to help us take a look at all the Stocks and Exchange Payment filings pertaining to Koum's sales for 2016.
Whatsapp Sale To Facebook
It ends up he's sold more than 22 million shares worth roughly $2.8 billion because January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in supply, and also the price had actually increased to $22 billion by October, when the offer closed, thanks to Facebook's climbing supply price. Koum possessed concerning 45% of the firm when he sold it, Forbes estimates, which implies his take on paper was about $10 billion. He likewise 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 also had an additional 19 million limited stock devices, which vest with time and work as a reward for him to stay up until November 2018.
Based on that vesting routine, it resembles he's earned regarding 3 numerous those RSUs until now this year.
So on the whole, he's sold regarding one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and as the business is making changes to the solution that can open brand-new moneymaking chances, but likewise takes the chance of alienating some users.
On Thursday, Facebook announced that WhatsApp was changing its personal privacy plan for the first time given that the acquisition to permit Facebook to see the phone number that an individual shares when they enroll in WhatsApp. Facebook can utilize this info to permit businesses to call users straight via WhatsApp, as they can already do via Messenger, and also will allow Facebook to reveal more appropriate advertisements to logged-in individuals. However, WhatsApp claimed it would certainly not share these contact number straight with customers.
WhatsApp passed greater than than 1 billion monthly users in February as well as is the most popular chat app in over half of the world, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it does not discuss individuals' investment decisions.