Facebook Acquires Whatsapp New 2019
So our asked Equilar, a company that concentrates on assessing exec settlement and also company information, to aid us analyze all the Securities as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
Facebook Acquires Whatsapp
It ends up he's offered greater than 22 million shares worth approximately $2.8 billion considering that January.
Facebook consented to buy WhatsApp in February 2014 for over $19 billion in supply, and also the cost had actually risen to $22 billion by October, when the bargain closed, thanks to Facebook's climbing stock price. Koum had regarding 45% of the company when he marketed it, Forbes estimates, which suggests his take on paper was about $10 billion. He also got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum owned over 60 million shares of ordinary shares. He additionally had one more 19 million limited stock units, which vest with time and also act as an incentive for him to linger up until November 2018.
Based upon that vesting routine, it resembles he's made regarding 3 countless those RSUs thus far this year.
So on the whole, he's offered about one-third of his present risk in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and also as the business is making changes to the service that could open up new moneymaking opportunities, yet additionally runs the risk of alienating some users.
On Thursday, Facebook announced that WhatsApp was transforming its personal privacy policy for the very first time considering that the purchase to allow Facebook to see the contact number that a user shares when they sign up for WhatsApp. Facebook can utilize this information to permit services to speak to individuals straight with WhatsApp, as they can already do via Messenger, and will certainly permit Facebook to show even more relevant advertisements to logged-in individuals. Nonetheless, WhatsApp claimed it would not share these phone numbers straight with customers.
WhatsApp passed more than than 1 billion month-to-month customers in February and also is one of the most prominent conversation app in over half of the world, according to recent stats from SimilarWeb.
Facebook had no comment on the sales, as it does not discuss individuals' financial investment decisions.