Did Facebook Bought Whatsapp
So our asked Equilar, a firm that concentrates on evaluating executive payment as well as corporate data, to aid us examine all the Stocks and Exchange Compensation filings pertaining to Koum's sales for 2016.
Did Facebook Bought Whatsapp
It turns out he's offered more than 22 million shares worth about $2.8 billion since January.
Facebook consented to get WhatsApp in February 2014 for over $19 billion in supply, as well as the price had gone up to $22 billion by October, when the bargain closed, thanks to Facebook's increasing stock price. Koum had about 45% of the business when he marketed it, Forbes estimates, which means his take on paper was about $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum had over 60 million shares of ordinary shares. He likewise had an additional 19 million restricted stock systems, which vest gradually and also function as an incentive for him to stick around until November 2018.
Based on that vesting schedule, it resembles he's made concerning 3 numerous those RSUs until now this year.
So generally, he's marketed regarding one-third of his current risk in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and also as the firm is making changes to the solution that might open up new moneymaking chances, however likewise runs the risk of alienating some users.
On Thursday, Facebook introduced that WhatsApp was changing its privacy policy for the first time because the acquisition to enable Facebook to see the telephone number that a customer shares when they register for WhatsApp. Facebook can use this info to permit organisations to get in touch with individuals directly through WhatsApp, as they can already do via Messenger, and also will allow Facebook to reveal more appropriate ads to logged-in users. Nonetheless, WhatsApp said it would certainly not share these telephone number straight with users.
WhatsApp passed more than than 1 billion regular monthly users in February and also is one of the most prominent conversation application in over half of the globe, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it does not discuss individuals' financial investment choices.