Facebook Whatsapp Deal 2019
By
fardhan alief
—
Saturday, May 2, 2020
—
Facebook Buys Whatsapp
So our asked Equilar, a business that concentrates on assessing executive settlement and also business information, to aid us check out all the Securities and also Exchange Compensation filings related to Koum's sales for 2016.
Facebook Whatsapp Deal
It turns out he's sold greater than 22 million shares worth approximately $2.8 billion because January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in stock, as well as the cost had increased to $22 billion by October, when the deal closed, thanks to Facebook's increasing supply cost. Koum possessed regarding 45% of the company when he offered it, Forbes estimates, which implies his take on paper had to do with $10 billion. He also got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum possessed over 60 million shares of common stock. He additionally had one more 19 million restricted supply devices, which vest gradually and also function as a reward for him to remain until November 2018.
Based upon that vesting timetable, it appears like he's made concerning 3 countless those RSUs until now this year.
So on the whole, he's offered about one-third of his current stake in Facebook this year.
Koum's stock sales come as WhatsApp remains to grow rapidly and also as the firm is making changes to the service that could open brand-new moneymaking chances, yet likewise runs the risk of estranging some users.
On Thursday, Facebook revealed that WhatsApp was transforming its privacy plan for the first time considering that the purchase to permit Facebook to see the phone number that a user shares when they register for WhatsApp. Facebook can use this information to allow companies to call customers straight via WhatsApp, as they can already do via Carrier, and also will permit Facebook to show even more pertinent advertisements to logged-in users. However, WhatsApp stated it would not share these telephone number directly with individuals.
WhatsApp passed greater than than 1 billion month-to-month individuals in February and is one of the most prominent conversation application in over half of the globe, according to current stats from SimilarWeb.
Facebook had no discuss the sales, as it does not talk about peoples' financial investment decisions.