Did Facebook Bought Whatsapp New Updated 2019
So our asked Equilar, a business that specializes in examining exec settlement and company data, to help us analyze all the Stocks and also Exchange Commission filings related to Koum's sales for 2016.
Did Facebook Bought Whatsapp
It turns out he's marketed greater than 22 million shares worth approximately $2.8 billion since January.
Facebook consented to get WhatsApp in February 2014 for over $19 billion in stock, and also the cost had actually gone up to $22 billion by October, when the bargain closed, thanks to Facebook's rising supply rate. Koum owned regarding 45% of the firm when he offered it, Forbes estimates, which indicates his take on paper was about $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum possessed over 60 million shares of ordinary shares. He additionally had one more 19 million restricted supply devices, which vest in time and function as an incentive for him to linger till November 2018.
Based upon that vesting schedule, it looks like he's gained about 3 million of those RSUs up until now this year.
So generally, he's sold regarding one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and as the business is making changes to the service that might open up brand-new moneymaking opportunities, but additionally runs the risk of pushing away some individuals.
On Thursday, Facebook introduced that WhatsApp was changing its personal privacy plan for the first time given that the purchase to permit Facebook to see the telephone number that an individual shares when they enroll in WhatsApp. Facebook can utilize this info to enable businesses to call customers directly with WhatsApp, as they can already do through Messenger, and also will certainly allow Facebook to reveal even more pertinent advertisements to logged-in users. Nevertheless, WhatsApp claimed it would certainly not share these phone numbers directly with individuals.
WhatsApp passed greater than than 1 billion regular monthly users in February as well as is the most preferred chat application in more than half of the world, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it does not discuss peoples' financial investment choices.