How Much Did Facebook Buy Whatsapp for New Updated 2019
So our asked Equilar, a business that concentrates on examining executive payment and company data, to help us examine all the Securities and Exchange Compensation filings related to Koum's sales for 2016.
How Much Did Facebook Buy Whatsapp For
It turns out he's offered greater than 22 million shares worth about $2.8 billion given that January.
Facebook agreed to get WhatsApp in February 2014 for over $19 billion in supply, and the rate had actually gone up to $22 billion by October, when the bargain shut, thanks to Facebook's rising supply rate. Koum possessed concerning 45% of the company when he marketed it, Forbes estimates, which means his take on paper had to do with $10 billion. He likewise obtained a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy filing, Koum owned over 60 million shares of ordinary shares. He additionally had one more 19 million limited stock devices, which vest over time and function as a reward for him to remain up until November 2018.
Based upon that vesting schedule, it looks like he's gained about 3 countless those RSUs until now this year.
So generally, he's offered about one-third of his existing risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to grow rapidly and as the business is making changes to the solution that might open up new moneymaking possibilities, but also risks alienating some users.
On Thursday, Facebook announced that WhatsApp was transforming its privacy plan for the very first time considering that the purchase to enable Facebook to see the telephone number that an individual shares when they sign up for WhatsApp. Facebook can utilize this information to permit organisations to speak to users straight through WhatsApp, as they can already do through Carrier, and also will enable Facebook to reveal even more appropriate ads to logged-in users. Nevertheless, WhatsApp said it would certainly not share these phone numbers directly with users.
WhatsApp passed greater than than 1 billion monthly users in February and is the most prominent conversation app in over half of the globe, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it does not comment on individuals' financial investment decisions.