Did Facebook Bought Whatsapp New 2019
So our asked Equilar, a firm that focuses on analyzing exec payment and also business information, to assist us take a look at all the Stocks and Exchange Compensation filings pertaining to Koum's sales for 2016.
Did Facebook Bought Whatsapp
It turns out he's marketed more than 22 million shares worth approximately $2.8 billion because January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in stock, and also the rate had actually risen to $22 billion by October, when the deal shut, thanks to Facebook's increasing stock rate. Koum owned about 45% of the company when he marketed it, Forbes approximates, which indicates his take on paper had to do with $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy filing, Koum had over 60 million shares of common stock. He additionally had one more 19 million restricted stock units, which vest gradually and work as an incentive for him to linger up until November 2018.
Based on that vesting routine, it looks like he's made concerning 3 million of those RSUs so far this year.
So overall, he's offered regarding one-third of his current stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and as the company is making changes to the service that can open up brand-new moneymaking opportunities, yet additionally runs the risk of estranging some customers.
On Thursday, Facebook introduced that WhatsApp was transforming its personal privacy plan for the first time since the acquisition to permit Facebook to see the contact number that an individual shares when they enroll in WhatsApp. Facebook can utilize this details to permit businesses to speak to users directly with WhatsApp, as they can already do via Carrier, and also will certainly enable Facebook to show even more relevant ads to logged-in individuals. Nevertheless, WhatsApp stated it would not share these contact number straight with customers.
WhatsApp passed greater than than 1 billion month-to-month individuals in February and also is the most prominent conversation application in majority of the globe, according to current stats from SimilarWeb.
Facebook had no discuss the sales, as it does not discuss peoples' financial investment decisions.