Whatsapp Purchase Facebook 2019
By
Ega Wahyudi
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Sunday, October 27, 2019
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Facebook Buys Whatsapp
So our asked Equilar, a company that concentrates on assessing exec payment as well as company information, to aid us check out all the Securities and Exchange Commission filings pertaining to Koum's sales for 2016.
Whatsapp Purchase Facebook
It turns out he's sold greater than 22 million shares worth about $2.8 billion since January.
Facebook agreed to buy WhatsApp in February 2014 for over $19 billion in stock, and the price had actually risen to $22 billion by October, when the bargain closed, thanks to Facebook's climbing stock cost. Koum owned regarding 45% of the business when he offered it, Forbes estimates, which indicates 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 annual proxy filing, Koum had over 60 million shares of ordinary shares. He additionally had one more 19 million restricted stock devices, which vest with time and act as a reward for him to stay until November 2018.
Based upon that vesting routine, it looks like he's made concerning 3 numerous those RSUs thus far this year.
So in general, he's offered concerning one-third of his current risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and as the firm is making changes to the service that might open brand-new moneymaking possibilities, but also risks pushing away some individuals.
On Thursday, Facebook revealed that WhatsApp was changing its privacy policy for the first time given that the procurement to allow Facebook to see the phone number that a customer shares when they enroll in WhatsApp. Facebook can use this info to allow companies to contact users straight with WhatsApp, as they can currently do with Messenger, as well as will certainly allow Facebook to reveal more relevant advertisements to logged-in customers. However, WhatsApp claimed it would not share these contact number directly with customers.
WhatsApp passed greater than than 1 billion regular monthly individuals in February as well as is the most preferred conversation app in over half of the globe, according to current statistics from SimilarWeb.
Facebook had no comment on the sales, as it does not comment on individuals' investment choices.