2 ms·
I get that - but my hunch is that if VC firms were able to invest the amount that they did, he probably had the ability to sell more of his stake in the company
by NickC25 4y ago
I get that - but my hunch is that if VC firms were able to invest the amount that they did, he probably had the ability to sell more of his stake in the company if he wanted to.
Granted, with what we know now, that does fit the definition of securities fraud.
- tempsy 4y agoif you’re lucky you can do small secondaries but there’s no cashing out, quitting, and walking away to a beach somewhere after raising billions of dollars…it’s just not an option
- adrr 4y agoThey paid the WeWork founder $1.7B to step down. https://en.wikipedia.org/wiki/Adam_Neumann https://en.wikipedia.org/wiki/Adam_Neumann