Why Did Facebook Buy Whatsapp New 2019
By
Herman Syah
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Tuesday, June 23, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a firm that focuses on assessing executive settlement as well as business data, to aid us check out all the Securities and Exchange Payment filings related to Koum's sales for 2016.
Why Did Facebook Buy Whatsapp
It ends up he's marketed greater than 22 million shares worth about $2.8 billion given that January.
Facebook consented to acquire WhatsApp in February 2014 for over $19 billion in supply, and also the cost had actually gone up to $22 billion by October, when the offer shut, thanks to Facebook's climbing stock rate. Koum possessed about 45% of the firm when he sold it, Forbes estimates, which implies his take on paper had to do with $10 billion. He additionally obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy declaring, Koum owned over 60 million shares of common stock. He also had one more 19 million restricted supply systems, which vest in time and also serve as a reward for him to stay up until November 2018.
Based upon that vesting schedule, it looks like he's made concerning 3 countless those RSUs up until now this year.
So overall, he's offered about one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and also as the business is making changes to the service that might open up new moneymaking opportunities, yet additionally runs the risk of alienating some individuals.
On Thursday, Facebook introduced that WhatsApp was changing its personal privacy policy for the first time given that the procurement to enable Facebook to see the contact number that a customer shares when they sign up for WhatsApp. Facebook can use this information to enable organisations to call individuals straight via WhatsApp, as they can currently do through Carrier, and also will allow Facebook to reveal even more pertinent advertisements to logged-in users. Nonetheless, WhatsApp said it would not share these phone numbers straight with users.
WhatsApp passed greater than than 1 billion month-to-month individuals in February as well as is one of the most popular chat app in majority of the world, according to recent stats from SimilarWeb.
Facebook had no comment on the sales, as it doesn't comment on individuals' financial investment choices.