Facebook Acquires Whatsapp New Updated 2019
So our asked Equilar, a business that focuses on examining exec settlement and also corporate information, to assist us analyze all the Securities as well as Exchange Commission filings pertaining to Koum's sales for 2016.
Facebook Acquires Whatsapp
It turns out he's sold more than 22 million shares worth roughly $2.8 billion considering that January.
Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, and the cost had risen to $22 billion by October, when the bargain shut, thanks to Facebook's rising stock cost. Koum possessed concerning 45% of the company when he sold it, Forbes estimates, which means his take on paper was about $10 billion. He also obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum owned over 60 million shares of common stock. He additionally had an additional 19 million restricted supply systems, which vest in time and work as a reward for him to linger up until November 2018.
Based upon that vesting routine, it appears like he's made concerning 3 countless those RSUs until now this year.
So overall, he's sold about one-third of his existing stake in Facebook this year.
Koum's stock sales come as WhatsApp continues to proliferate and as the company is making changes to the solution that might open brand-new moneymaking opportunities, but likewise runs the risk of alienating some individuals.
On Thursday, Facebook introduced that WhatsApp was altering its privacy plan for the very first time because the acquisition to permit Facebook to see the phone number that a user shares when they enroll in WhatsApp. Facebook can utilize this info to allow businesses to call users directly through WhatsApp, as they can currently do via Messenger, as well as will permit Facebook to reveal even more relevant advertisements to logged-in users. Nonetheless, WhatsApp stated it would certainly not share these phone numbers straight with individuals.
WhatsApp passed more than than 1 billion regular monthly customers in February and also is one of the most popular chat application in more than half of the world, according to current statistics from SimilarWeb.
Facebook had no comment on the sales, as it does not comment on peoples' financial investment choices.