Did Facebook Bought Whatsapp
So our asked Equilar, a firm that concentrates on examining exec payment and also business data, to assist us analyze all the Securities and also Exchange Payment filings pertaining to Koum's sales for 2016.
Did Facebook Bought Whatsapp
It turns out he's offered greater than 22 million shares worth roughly $2.8 billion because January.
Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, and also the price had actually risen to $22 billion by October, when the bargain closed, thanks to Facebook's increasing supply price. Koum had concerning 45% of the company when he offered it, Forbes estimates, which suggests 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 annual proxy declaring, Koum possessed over 60 million shares of ordinary shares. He likewise had an additional 19 million limited stock systems, which vest gradually and also serve as an incentive for him to stick around till November 2018.
Based on that vesting timetable, it resembles he's gained about 3 countless those RSUs thus far this year.
So overall, he's marketed concerning one-third of his present stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and as the business is making changes to the solution that can open up brand-new moneymaking opportunities, but also takes the chance of pushing away some customers.
On Thursday, Facebook introduced that WhatsApp was altering its privacy plan for the very first time since the acquisition to allow Facebook to see the contact number that a customer shares when they register for WhatsApp. Facebook can utilize this info to permit organisations to get in touch with individuals straight via WhatsApp, as they can already do with Messenger, as well as will permit Facebook to reveal even more relevant advertisements to logged-in users. Nevertheless, WhatsApp claimed it would certainly not share these contact number straight with individuals.
WhatsApp passed more than than 1 billion monthly individuals in February and also is one of the most prominent conversation application in more than half of the globe, according to current stats from SimilarWeb.
Facebook had no comment on the sales, as it does not talk about individuals' financial investment choices.