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Lawsuit aside, I consider Ubiquiti's founder, Robert Pera [1], to be a fascinating individual. He runs an $18B company where he owns like 90% [2] of the shares
by boeingUH60 5y ago
Lawsuit aside, I consider Ubiquiti's founder, Robert Pera [1], to be a fascinating individual. He runs an $18B company where he owns like 90% [2] of the shares (pretty high?). Also owns an NBA club (Memphis Grizzlies). I just think he's pretty under-the-radar for his kind of success.
1 - https://en.wikipedia.org/wiki/Robert_Pera https://en.wikipedia.org/wiki/Robert_Pera
2- https://www.fool.com/investing/2021/09/28/3-stocks-with-78-percent-or-greater-ceo-ownership/ https://www.fool.com/investing/2021/09/28/3-stocks-with-78-p...
- deleted 5y ago[deleted]
- throwaway5752 5y agoHe doesn't just run Ubiquiti. He founded it on his own credit cards, based on his own product ideas. He built Ubiquiti from nothing, essentially. Also, prior to "WSB" phenomenon, Ubiquiti was the subject of short campaigns and had really high short interest levels (https://www.fool.com/investing/2019/12/02/how-you-can-profit-from-ubiquiti-war-wall-street.aspx https://www.fool.com/investing/2019/12/02/how-you-can-profit...) which they clearly overcame. Really fascinating story.