How Much Did Facebook Buy Whatsapp for New 2019
So our asked Equilar, a company that concentrates on examining exec compensation and corporate information, to assist us take a look at all the Securities and also Exchange Compensation filings related to Koum's sales for 2016.
How Much Did Facebook Buy Whatsapp For
It turns out he's offered more than 22 million shares worth about $2.8 billion because January.
Facebook agreed to purchase WhatsApp in February 2014 for over $19 billion in stock, as well as the rate had increased to $22 billion by October, when the offer closed, thanks to Facebook's increasing supply price. Koum owned concerning 45% of the firm when he sold it, Forbes approximates, which suggests 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 possessed over 60 million shares of ordinary shares. He also had an additional 19 million restricted stock units, which vest over time and act as a reward for him to remain till November 2018.
Based on that vesting timetable, it looks like he's made about 3 numerous those RSUs so far this year.
So overall, he's offered about one-third of his current stake in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and as the business is making changes to the solution that could open up new moneymaking opportunities, but additionally runs the risk of alienating some customers.
On Thursday, Facebook revealed that WhatsApp was transforming its privacy plan for the very first time since the purchase to allow Facebook to see the phone number that a customer shares when they register for WhatsApp. Facebook can utilize this information to permit companies to get in touch with individuals directly via WhatsApp, as they can already do with Carrier, as well as will allow Facebook to show more relevant advertisements to logged-in individuals. Nevertheless, WhatsApp said it would certainly not share these contact number straight with users.
WhatsApp passed greater than than 1 billion month-to-month customers in February and is the most popular conversation application in majority of the globe, according to recent statistics from SimilarWeb.
Facebook had no talk about the sales, as it doesn't comment on individuals' financial investment decisions.