How Much Did Facebook Buy Whatsapp for
So our asked Equilar, a firm that concentrates on evaluating executive settlement and corporate information, to help us take a look at all the Stocks as well as Exchange Commission filings related to Koum's sales for 2016.
How Much Did Facebook Buy Whatsapp For
It turns out he's marketed more than 22 million shares worth approximately $2.8 billion considering that January.
Facebook accepted get WhatsApp in February 2014 for over $19 billion in supply, and the cost 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 company when he marketed it, Forbes approximates, which means his take on paper had to do with $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum owned over 60 million shares of common stock. He likewise had another 19 million limited supply units, which vest gradually as well as serve as an incentive for him to linger up until November 2018.
Based on that vesting routine, it looks like he's made concerning 3 countless those RSUs up until now this year.
So generally, he's sold regarding one-third of his present risk in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and as the company is making changes to the service that might open up brand-new moneymaking opportunities, yet additionally runs the risk of alienating some customers.
On Thursday, Facebook introduced that WhatsApp was altering its personal privacy plan for the very first time given that the procurement to allow Facebook to see the contact number that an individual shares when they enroll in WhatsApp. Facebook can use this details to allow services to get in touch with individuals straight via WhatsApp, as they can already do with Messenger, and will certainly enable Facebook to reveal more pertinent advertisements to logged-in customers. Nonetheless, WhatsApp claimed it would not share these telephone number straight with users.
WhatsApp passed greater than than 1 billion month-to-month individuals in February and is the most prominent chat application in more than half of the world, according to recent statistics from SimilarWeb.
Facebook had no comment on the sales, as it doesn't talk about peoples' investment choices.