Whatsapp Bought by Facebook New 2019
By
Herman Syah
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Sunday, July 12, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a firm that focuses on analyzing executive settlement and corporate information, to assist us take a look at all the Securities and also Exchange Payment filings pertaining to Koum's sales for 2016.
Whatsapp Bought By Facebook
It ends up he's marketed more than 22 million shares worth about $2.8 billion given that January.
Facebook accepted acquire WhatsApp in February 2014 for over $19 billion in stock, and the cost had actually risen to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock price. Koum had regarding 45% of the company when he offered it, Forbes approximates, 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 yearly proxy declaring, Koum owned over 60 million shares of common stock. He also had another 19 million limited stock units, which vest gradually and also function as a reward for him to stay up until November 2018.
Based upon that vesting routine, it appears like he's made regarding 3 countless those RSUs thus far this year.
So overall, he's offered about one-third of his present stake in Facebook this year.
Koum's stock sales come as WhatsApp remains to grow rapidly and as the company is making changes to the service that can open brand-new moneymaking possibilities, but additionally runs the risk of pushing away some users.
On Thursday, Facebook introduced that WhatsApp was transforming its personal privacy plan for the first time considering that the procurement to enable Facebook to see the telephone number that a customer shares when they sign up for WhatsApp. Facebook can use this info to permit services to speak to users directly via WhatsApp, as they can currently do with Messenger, as well as will certainly enable Facebook to show even more appropriate ads to logged-in users. However, WhatsApp stated it would certainly not share these telephone number directly with users.
WhatsApp passed greater than than 1 billion monthly users in February as well as is the most popular chat application in over half of the world, according to recent stats from SimilarWeb.
Facebook had no comment on the sales, as it doesn't discuss individuals' financial investment choices.