Facebook Deal with Whatsapp New 2019
By
Herman Syah
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Sunday, September 8, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that focuses on evaluating executive compensation and also company data, to aid us analyze all the Stocks as well as Exchange Commission filings related to Koum's sales for 2016.
Facebook Deal With Whatsapp
It turns out he's sold greater than 22 million shares worth about $2.8 billion since January.
Facebook accepted get WhatsApp in February 2014 for over $19 billion in supply, and also the price had actually risen to $22 billion by October, when the deal shut, thanks to Facebook's climbing supply price. Koum owned regarding 45% of the company when he sold it, Forbes approximates, which suggests 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 yearly proxy filing, Koum possessed over 60 million shares of ordinary shares. He additionally had another 19 million limited stock units, which vest gradually and also serve as a motivation for him to stay up until November 2018.
Based on that vesting timetable, it looks like he's gained concerning 3 countless those RSUs until now this year.
So overall, he's marketed about one-third of his current stake in Facebook this year.
Koum's supply sales come as WhatsApp continues to grow rapidly and also as the company is making changes to the service that can open brand-new moneymaking chances, yet additionally risks pushing away some customers.
On Thursday, Facebook introduced that WhatsApp was changing its personal privacy plan for the first time since the purchase to permit Facebook to see the contact number that an individual shares when they register for WhatsApp. Facebook can use this information to enable businesses to call users straight via WhatsApp, as they can currently do with Carrier, and will enable Facebook to reveal more pertinent advertisements to logged-in customers. However, WhatsApp claimed it would not share these contact number straight with individuals.
WhatsApp passed more than than 1 billion monthly users in February and is the most prominent conversation app in more than half of the world, according to current statistics from SimilarWeb.
Facebook had no talk about the sales, as it does not comment on peoples' financial investment decisions.