Facebook Buys Whatsapp 2019
By
fardhan alief
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Sunday, June 28, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a business that specializes in analyzing executive compensation and business data, to help us analyze all the Securities and also Exchange Payment filings related to Koum's sales for 2016.
Facebook Buys Whatsapp
It ends up he's sold greater than 22 million shares worth approximately $2.8 billion since January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in supply, and the price had actually gone up to $22 billion by October, when the offer closed, thanks to Facebook's rising supply rate. Koum possessed concerning 45% of the business when he offered it, Forbes approximates, which means his take on paper had to do with $10 billion. He likewise obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum possessed over 60 million shares of common stock. He additionally had another 19 million restricted supply systems, which vest with time and also serve as a motivation for him to remain up until November 2018.
Based upon that vesting timetable, it appears like he's made regarding 3 million of those RSUs so far this year.
So overall, he's offered concerning one-third of his current stake in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the firm is making changes to the service that might open new moneymaking opportunities, however also risks estranging some customers.
On Thursday, Facebook introduced that WhatsApp was altering its privacy policy for the first time since the purchase to permit Facebook to see the telephone number that a user shares when they register for WhatsApp. Facebook can utilize this information to enable businesses to get in touch with individuals directly via WhatsApp, as they can already do through Messenger, as well as will certainly permit Facebook to show even more appropriate advertisements to logged-in customers. Nonetheless, WhatsApp stated it would not share these phone numbers straight with users.
WhatsApp passed greater than than 1 billion monthly users in February and also is the most popular chat app in more than half of the globe, according to current statistics from SimilarWeb.
Facebook had no comment on the sales, as it does not comment on individuals' financial investment choices.