Facebook Buys Whatsapp for 19 Billion New 2019
By
Herman Syah
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Friday, July 31, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a business that specializes in examining executive settlement and corporate information, to assist us examine all the Stocks and Exchange Compensation filings related to Koum's sales for 2016.
Facebook Buys Whatsapp For 19 Billion
It ends up he's offered greater than 22 million shares worth approximately $2.8 billion considering that January.
Facebook agreed to acquire WhatsApp in February 2014 for over $19 billion in stock, and the cost had increased to $22 billion by October, when the bargain closed, thanks to Facebook's increasing supply price. Koum owned concerning 45% of the company when he marketed it, Forbes approximates, which indicates his take on paper was about $10 billion. He additionally got 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 ordinary shares. He additionally had another 19 million restricted stock devices, which vest in time and also function as an incentive for him to remain until November 2018.
Based on that vesting timetable, it looks like he's gained regarding 3 countless those RSUs so far this year.
So in general, he's offered about one-third of his existing risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the company is making changes to the service that might open up new moneymaking possibilities, yet likewise takes the chance of estranging some users.
On Thursday, Facebook introduced that WhatsApp was transforming its personal privacy plan for the very first time because the procurement to enable Facebook to see the phone number that a user shares when they register for WhatsApp. Facebook can utilize this info to permit organisations to speak to users directly via WhatsApp, as they can already do with Carrier, and also will certainly allow Facebook to reveal even more appropriate advertisements to logged-in users. Nonetheless, WhatsApp stated it would not share these phone numbers straight with individuals.
WhatsApp passed greater than than 1 billion monthly customers in February as well as is the most prominent chat application in more than half of the world, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it doesn't talk about peoples' investment choices.