• Null User Object@programming.dev
    link
    fedilink
    arrow-up
    25
    ·
    edit-2
    7 months ago

    According to the second link, he sold nearly all of his class A shares, but none of his class B shares. His total share of the company went from 3.2% to 2.6%, which, is still not insignificant.

    • laverabe@lemmy.world
      link
      fedilink
      English
      arrow-up
      13
      arrow-down
      2
      ·
      edit-2
      7 months ago

      yeah but your statement ‘he sold almost all of his shares’ isn’t really accurate as he really only sold 19% of his shares

      • nyctre@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        edit-2
        7 months ago

        19% is still a lot higher than the “only 40mil out of a 16 bil stock” that I’ve seen mentioned and upvoted elsewhere in the thread. But yeah, not that big of a deal, I imagine. I was expecting him to sell over 30%