Facebook Buys Whatsapp New 2019
So our asked Equilar, a business that focuses on examining executive settlement and also business information, to help us check out all the Securities and Exchange Payment filings related to Koum's sales for 2016.
Facebook Buys Whatsapp
It turns out he's sold more than 22 million shares worth approximately $2.8 billion because January.
Facebook accepted get WhatsApp in February 2014 for over $19 billion in stock, and the cost had increased to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock rate. Koum possessed about 45% of the company when he marketed it, Forbes estimates, which indicates his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy declaring, Koum owned over 60 million shares of ordinary shares. He also had one more 19 million restricted supply devices, which vest with time and act as an incentive for him to remain up until November 2018.
Based upon that vesting routine, it appears like he's made concerning 3 numerous those RSUs so far this year.
So in general, he's offered about one-third of his current risk in Facebook this year.
Koum's supply sales come as WhatsApp remains to grow rapidly and as the firm is making changes to the solution that could open brand-new moneymaking chances, yet likewise runs the risk of pushing away some individuals.
On Thursday, Facebook announced that WhatsApp was transforming its privacy policy for the first time because the procurement to allow Facebook to see the phone number that a user shares when they register for WhatsApp. Facebook can utilize this details to allow organisations to speak to individuals straight via WhatsApp, as they can currently do via Messenger, as well as will enable Facebook to show even more relevant advertisements to logged-in customers. However, WhatsApp said it would not share these contact number straight with individuals.
WhatsApp passed more than than 1 billion regular monthly users in February as well as is one of the most prominent chat app in more than half of the world, according to recent stats from SimilarWeb.
Facebook had no comment on the sales, as it does not comment on peoples' investment choices.