• Null User Object
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    8 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
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      8 months ago

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

      • nyctre@lemmy.world
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        8 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%