How Much Did Facebook Pay for Whatsapp
So our asked Equilar, a firm that concentrates on evaluating exec settlement as well as corporate data, to help us take a look at all the Stocks as well as Exchange Compensation filings pertaining to Koum's sales for 2016.
How Much Did Facebook Pay For Whatsapp
It turns out he's offered more than 22 million shares worth roughly $2.8 billion since January.
Facebook accepted get WhatsApp in February 2014 for over $19 billion in stock, and also the rate had actually gone up to $22 billion by October, when the bargain shut, thanks to Facebook's rising stock rate. Koum possessed about 45% of the company when he offered it, Forbes approximates, which means 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 possessed over 60 million shares of ordinary shares. He likewise had another 19 million limited supply devices, which vest over time and act as a reward for him to stick around till November 2018.
Based on that vesting schedule, it appears like he's earned concerning 3 countless those RSUs until now this year.
So overall, he's sold concerning one-third of his current stake in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and also as the firm is making changes to the service that could open up brand-new moneymaking opportunities, yet likewise takes the chance of estranging some users.
On Thursday, Facebook revealed that WhatsApp was changing its privacy policy for the very first time since the procurement to allow Facebook to see the telephone number that a user shares when they enroll in WhatsApp. Facebook can use this details to enable companies to get in touch with individuals directly through WhatsApp, as they can currently do via Messenger, and will allow Facebook to reveal more appropriate advertisements to logged-in users. However, WhatsApp claimed it would certainly not share these contact number directly with users.
WhatsApp passed greater than than 1 billion monthly individuals in February and also is the most prominent conversation app in majority of the globe, according to current statistics from SimilarWeb.
Facebook had no discuss the sales, as it doesn't comment on individuals' financial investment decisions.