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How about "Zoom CEO sold 0.5% of his stock", which would be just as accurate but less compelling. He sold $24m, still has roughly 4 billion.
by not2b 6y ago
How about "Zoom CEO sold 0.5% of his stock", which would be just as accurate but less compelling. He sold $24m, still has roughly 4 billion.
- gojomo 6y agoThe best synthesis would be something like: "Zoom CEO sells $24M from his $10B Zoom stake" The current headline, "Zoom CEO sold all of his common shares", is technically correct but highly misleading – but's it's still interesting to see what a founder on a rocketship is doing to diversify a little, even in the particulars of the conversion/disclosure & how it's (mis-)interpreted by peanut galleries everywhere.