Facebook Whatsapp Acquisition 2019
By
Ega Wahyudi
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Thursday, September 19, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that concentrates on assessing exec settlement and also corporate data, to help us check out all the Stocks and Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Whatsapp Acquisition
It ends up he's sold greater than 22 million shares worth roughly $2.8 billion considering that January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in stock, and the rate had actually gone up to $22 billion by October, when the bargain closed, thanks to Facebook's rising supply rate. Koum had regarding 45% of the business when he marketed it, Forbes approximates, which implies 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 yearly proxy filing, Koum owned over 60 million shares of ordinary shares. He additionally had one more 19 million restricted supply units, which vest gradually as well as act as an incentive for him to linger until November 2018.
Based on that vesting routine, it appears like he's earned about 3 countless those RSUs up until now this year.
So on the whole, he's sold regarding one-third of his existing risk in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and as the firm is making changes to the service that could open up new moneymaking possibilities, however also takes the chance of estranging some customers.
On Thursday, Facebook revealed that WhatsApp was altering its personal privacy policy for the first time since the procurement to allow Facebook to see the telephone number that a customer shares when they register for WhatsApp. Facebook can use this info to allow services to get in touch with individuals straight via WhatsApp, as they can currently do through Carrier, and also will permit Facebook to show even more appropriate advertisements to logged-in customers. Nevertheless, WhatsApp said it would not share these telephone number straight with individuals.
WhatsApp passed greater than than 1 billion month-to-month users in February and is one of the most prominent chat app in more than half of the globe, according to current stats from SimilarWeb.
Facebook had no discuss the sales, as it doesn't comment on individuals' financial investment choices.