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> Larry Ellison owned 40% of NetSuite when it was purchased at a very high price. He effectively ran both sides of the deal (between oracle and NetSuite) and fu
by johnvanommen 7y ago
> Larry Ellison owned 40% of NetSuite when it was purchased at a very high price. He effectively ran both sides of the deal (between oracle and NetSuite) and funneled shareholder money into his own pockets via the transaction. Allegedly.
It's very similar to what happened with HP and Autonomy.
- mark_l_watson 7y agoI didn’t know that. More details please. I briefly used Autonomy software almost twenty years ago so I followed the big bucks acquisition with some interest.