Whatsapp Sale to Facebook 2019
By
Ega Wahyudi
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Sunday, March 29, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a company that focuses on evaluating exec payment and corporate information, to help us examine all the Stocks and Exchange Payment filings pertaining to Koum's sales for 2016.
Whatsapp Sale To Facebook
It turns out he's sold 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 supply, and also the rate had actually gone up to $22 billion by October, when the deal shut, thanks to Facebook's increasing supply price. Koum had about 45% of the business when he sold it, Forbes approximates, which indicates 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 filing, Koum had over 60 million shares of common stock. He likewise had an additional 19 million restricted supply units, which vest in time as well as function as a reward for him to remain up until November 2018.
Based upon that vesting routine, it appears like he's earned about 3 numerous those RSUs up until now this year.
So generally, he's offered regarding one-third of his existing risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to grow rapidly and as the company is making changes to the service that could open brand-new moneymaking possibilities, yet likewise risks alienating some individuals.
On Thursday, Facebook announced that WhatsApp was altering its privacy policy for the very first time because the acquisition to enable Facebook to see the contact number that a customer shares when they enroll in WhatsApp. Facebook can use this information to allow services to contact individuals directly via WhatsApp, as they can currently do through Messenger, and will certainly permit Facebook to show even more appropriate advertisements to logged-in customers. However, WhatsApp stated it would certainly not share these contact number directly with individuals.
WhatsApp passed more than than 1 billion monthly customers in February and also is the most prominent conversation application in majority of the globe, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it does not comment on individuals' investment choices.