How Much Did Facebook Pay for Whatsapp New Updated 2019
So our asked Equilar, a business that focuses on evaluating exec settlement and corporate data, to assist us check out all the Stocks as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
How Much Did Facebook Pay For Whatsapp
It turns out he's sold greater than 22 million shares worth about $2.8 billion because January.
Facebook consented to buy WhatsApp in February 2014 for over $19 billion in supply, as well as the cost had actually increased to $22 billion by October, when the deal closed, thanks to Facebook's rising supply price. Koum possessed regarding 45% of the company when he marketed 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 annual proxy declaring, Koum possessed over 60 million shares of common stock. He likewise had one more 19 million limited supply devices, which vest gradually as well as act as an incentive for him to stay up until November 2018.
Based upon that vesting routine, it appears like he's earned concerning 3 million of those RSUs until now this year.
So generally, he's marketed concerning one-third of his existing risk in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and also as the company is making changes to the solution that might open new moneymaking opportunities, yet also risks alienating some users.
On Thursday, Facebook announced that WhatsApp was transforming its privacy plan for the first time considering that the acquisition to allow Facebook to see the telephone number that a customer shares when they enroll in WhatsApp. Facebook can use this details to allow services to speak to users directly with WhatsApp, as they can currently do via Messenger, and also will certainly enable Facebook to show more relevant ads to logged-in customers. Nevertheless, WhatsApp said it would certainly not share these contact number directly with individuals.
WhatsApp passed more than than 1 billion regular monthly users in February and is one of the most preferred chat application in majority of the globe, according to current stats from SimilarWeb.
Facebook had no talk about the sales, as it does not comment on peoples' financial investment decisions.