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They had a fiduciary duty to do it.
by stevehawk 4y ago
They had a fiduciary duty to do it.
- s1artibartfast 4y agoEspecially a fiduciary duty to themselves. Agrawal had 2.3% of the company, and cashes out over a billion on the sale. Edit: this is incorrect. Dorsey had ~2.3%, not Agrawal.
- kgwgk 4y agoHe had 0.06% of the company and cashes out less than thirty millions on the sale. (Wrong number of shares and wrong calculation before: He had 0.002% of the company and cashes out less than ten million on the sale.)