Why Did Facebook Buy Whatsapp New 2019
So our asked Equilar, a firm that specializes in assessing exec payment and business information, to assist us analyze all the Stocks as well as Exchange Payment filings related to Koum's sales for 2016.
Why Did Facebook Buy Whatsapp
It turns out he's offered more than 22 million shares worth approximately $2.8 billion because January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in supply, and the rate had actually increased to $22 billion by October, when the offer shut, thanks to Facebook's increasing supply cost. Koum owned about 45% of the business when he sold it, Forbes estimates, which suggests his take on paper had to do with $10 billion. He additionally obtained 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 ordinary shares. He also had another 19 million limited stock systems, which vest in time and act as an incentive for him to stay till November 2018.
Based upon that vesting routine, it resembles he's made regarding 3 million of those RSUs thus far this year.
So on the whole, he's offered concerning one-third of his existing stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and also as the business is making changes to the service that might open brand-new moneymaking chances, yet also risks estranging some individuals.
On Thursday, Facebook revealed that WhatsApp was altering its personal privacy policy for the very first time considering that the procurement to enable Facebook to see the contact number that a user shares when they enroll in WhatsApp. Facebook can use this info to enable businesses to get in touch with individuals directly with WhatsApp, as they can currently do via Carrier, and also will certainly allow Facebook to show even more pertinent ads to logged-in individuals. Nevertheless, WhatsApp stated it would not share these telephone number directly with individuals.
WhatsApp passed more than than 1 billion regular monthly users in February and also is the most prominent conversation application in over half of the world, according to current stats from SimilarWeb.
Facebook had no talk about the sales, as it doesn't comment on individuals' financial investment choices.