14 ms·
I can imagine he could sell 6 mil. in stock without damaging the price.
by cameronbrown 7y ago
I can imagine he could sell 6 mil. in stock without damaging the price.
- x0x0 7y agoWhereas -- and this was implicit in my comment -- playing pissant games like this almost certainly hurts the stock price. It also screams that you ought to be closely auditing expenses from every member of the cxo team.
- munk-a 7y agoHe's already offloaded a bunch of stock - he might just be trying to milk it for all it's worth before the price tanks post-IPO. The beautiful thing is that CEO culture and reputation is such that having successfully lead a company to an IPO might be enough on it's own to land him a number of cushy board seats and future CEOing opportunities assuming he doesn't just grab the cash and run to Peru.