How Much Did Facebook Pay for Whatsapp
So our asked Equilar, a company that concentrates on analyzing executive compensation and corporate data, to assist us analyze all the Stocks as well as Exchange Payment filings related to Koum's sales for 2016.
How Much Did Facebook Pay For Whatsapp
It ends up he's sold more than 22 million shares worth approximately $2.8 billion because January.
Facebook accepted buy WhatsApp in February 2014 for over $19 billion in supply, and the rate had risen to $22 billion by October, when the deal closed, thanks to Facebook's increasing supply price. Koum possessed regarding 45% of the business when he sold 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 yearly proxy filing, Koum possessed over 60 million shares of ordinary shares. He also had an additional 19 million limited stock systems, which vest over time as well as serve as a reward for him to remain until November 2018.
Based upon that vesting schedule, it looks like he's earned concerning 3 countless those RSUs thus far this year.
So on the whole, he's marketed concerning one-third of his current stake in Facebook this year.
Koum's supply sales come as WhatsApp remains to proliferate and also as the business is making changes to the solution that could open brand-new moneymaking possibilities, but likewise runs the risk of alienating some users.
On Thursday, Facebook introduced that WhatsApp was transforming its personal privacy plan for the first time because the acquisition to permit Facebook to see the telephone number that a user shares when they register for WhatsApp. Facebook can utilize this information to allow services to get in touch with individuals straight through WhatsApp, as they can already do with Carrier, and also will certainly permit Facebook to show more pertinent advertisements to logged-in users. Nonetheless, WhatsApp claimed it would certainly not share these phone numbers straight with users.
WhatsApp passed greater than than 1 billion regular monthly customers in February as well as is one of the most popular chat app in more than half of the globe, according to recent statistics from SimilarWeb.
Facebook had no discuss the sales, as it does not comment on individuals' investment choices.