Facebook Deal with Whatsapp 2019
By
Ega Wahyudi
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Tuesday, October 8, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a firm that specializes in assessing executive payment as well as corporate information, to aid us examine all the Securities as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
Facebook Deal With Whatsapp
It turns out he's marketed greater than 22 million shares worth approximately $2.8 billion considering that January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in supply, as well as the price had risen to $22 billion by October, when the deal shut, thanks to Facebook's increasing stock rate. Koum owned concerning 45% of the business when he sold it, Forbes approximates, which suggests his take on paper was about $10 billion. He also got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum owned over 60 million shares of common stock. He also had one more 19 million limited supply devices, which vest gradually and also function as a reward for him to remain up until November 2018.
Based upon that vesting routine, it looks like he's earned regarding 3 million of those RSUs up until now this year.
So in general, he's offered about one-third of his present risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to grow rapidly and as the business is making changes to the service that can open up new moneymaking chances, however likewise risks alienating some customers.
On Thursday, Facebook revealed that WhatsApp was transforming its personal privacy plan for the very first time given that the acquisition to enable Facebook to see the telephone number that a user shares when they enroll in WhatsApp. Facebook can utilize this information to allow companies to contact customers directly with WhatsApp, as they can currently do with Messenger, as well as will certainly enable Facebook to show more relevant ads to logged-in individuals. Nevertheless, WhatsApp claimed it would not share these contact number directly with users.
WhatsApp passed greater than than 1 billion monthly individuals in February and is one of the most popular conversation application in majority of the globe, according to recent stats from SimilarWeb.
Facebook had no talk about the sales, as it does not comment on peoples' financial investment choices.