Facebook Buys Whatsapp for 19 Billion 2019
By
Ega Wahyudi
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Sunday, June 14, 2020
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Facebook Buys Whatsapp
So our asked Equilar, a company that specializes in assessing executive settlement and also company information, to aid us examine all the Securities as well as Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Buys Whatsapp For 19 Billion
It ends up he's offered 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 cost had actually gone up to $22 billion by October, when the bargain shut, thanks to Facebook's increasing supply price. Koum had about 45% of the company when he sold 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 annual proxy declaring, Koum had over 60 million shares of common stock. He additionally had one more 19 million limited stock systems, which vest with time and also function as a motivation for him to stay until November 2018.
Based upon that vesting routine, it resembles he's made regarding 3 countless those RSUs until now this year.
So on the whole, he's sold concerning one-third of his present risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and also as the business is making changes to the service that might open up new moneymaking chances, however additionally risks alienating some customers.
On Thursday, Facebook introduced that WhatsApp was transforming its privacy plan for the first time considering that the purchase to enable Facebook to see the telephone number that a customer shares when they enroll in WhatsApp. Facebook can utilize this details to allow organisations to get in touch with users straight through WhatsApp, as they can already do via Carrier, and also will certainly allow Facebook to reveal even more relevant advertisements to logged-in customers. Nonetheless, WhatsApp claimed it would certainly not share these contact number straight with customers.
WhatsApp passed more than than 1 billion regular monthly users in February as well as 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 doesn't discuss individuals' investment choices.