How Much Did Facebook Pay for Whatsapp New 2019
So our asked Equilar, a firm that focuses on examining executive settlement and also corporate data, to help us analyze all the Stocks as well as Exchange Commission filings pertaining to Koum's sales for 2016.
How Much Did Facebook Pay For Whatsapp
It ends up he's offered greater than 22 million shares worth about $2.8 billion given that January.
Facebook agreed to acquire WhatsApp in February 2014 for over $19 billion in supply, and also the cost had actually risen to $22 billion by October, when the offer shut, thanks to Facebook's climbing supply cost. Koum owned concerning 45% of the business when he sold it, Forbes approximates, which suggests his take on paper had to do with $10 billion. He also 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 stock units, which vest in time and work as a reward for him to remain till November 2018.
Based upon that vesting schedule, it resembles he's earned about 3 million of those RSUs thus far this year.
So in general, he's sold about one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and as the company is making changes to the service that could open up brand-new moneymaking opportunities, yet likewise takes the chance of alienating some users.
On Thursday, Facebook announced that WhatsApp was changing its privacy policy for the very first time given that the purchase to enable Facebook to see the contact number that a customer shares when they enroll in WhatsApp. Facebook can utilize this information to allow services to speak to individuals directly with WhatsApp, as they can currently do via Messenger, as well as will certainly enable Facebook to show even more relevant advertisements to logged-in individuals. Nevertheless, WhatsApp claimed it would certainly not share these contact number straight with users.
WhatsApp passed greater than than 1 billion month-to-month users in February and is the most preferred chat app in majority of the globe, according to recent statistics from SimilarWeb.
Facebook had no comment on the sales, as it doesn't comment on individuals' investment decisions.