How Much Did Facebook Buy Whatsapp for
So our asked Equilar, a business that specializes in examining exec compensation and also business data, to help us check out all the Stocks and also Exchange Payment filings related to Koum's sales for 2016.
How Much Did Facebook Buy Whatsapp For
It turns out he's sold greater than 22 million shares worth approximately $2.8 billion considering that January.
Facebook consented to get WhatsApp in February 2014 for over $19 billion in stock, as well as the price had increased to $22 billion by October, when the deal closed, thanks to Facebook's increasing stock price. Koum owned concerning 45% of the business when he sold it, Forbes approximates, which suggests 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 yearly proxy filing, Koum owned over 60 million shares of ordinary shares. He additionally had one more 19 million limited supply units, which vest with time and work as a motivation for him to stick around till November 2018.
Based on that vesting routine, it resembles he's gained regarding 3 numerous those RSUs up until now this year.
So overall, he's offered regarding one-third of his current stake in Facebook this year.
Koum's stock sales come as WhatsApp continues to grow rapidly and as the firm is making changes to the solution that could open brand-new moneymaking opportunities, but likewise runs the risk of pushing away some customers.
On Thursday, Facebook announced that WhatsApp was transforming its privacy plan for the first time considering that the purchase to enable Facebook to see the phone number that a customer shares when they register for WhatsApp. Facebook can use this details to enable companies to contact individuals straight via WhatsApp, as they can currently do with Messenger, and also will allow Facebook to reveal more pertinent ads to logged-in customers. However, WhatsApp claimed it would not share these phone numbers directly with individuals.
WhatsApp passed more than than 1 billion monthly individuals in February and also is the most preferred conversation application in over half of the globe, according to recent stats from SimilarWeb.
Facebook had no discuss the sales, as it does not comment on individuals' financial investment choices.