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There's just no way a guy with that much money sells out of the controlling stake in his own company without knowing it was going to happen. The billoin dollar
by tw04 1y ago
There's just no way a guy with that much money sells out of the controlling stake in his own company without knowing it was going to happen.
The billoin dollar question is why? Seems it could only be a handful of things:
Major health problem so the controlling stake won't matter.
Major unannounced issue that would cause the stock to drop precipitously (on paper he'd be facing prison time, but I think we all know he won't even if true).
Outside pressure, presumably from a government entity because I don't know what private party would have the juice to push him out.
Outside of that, unless he's just done with the rat race, planning on retiring and just not working anymore I've got a lot of nothing. When you have as much money as he has, I don't see why you'd give up control of your baby willingly as part of "normal estate planning" at his age.
- nfriedly 1y ago> Major unannounced issue... To be fair, I'm not sure it could be much worse than the major announced issues of the past few years.
- benoau 1y agoProbably related to replacing 500 positions with what I can only assume will be Genmoji. https://www.theguardian.com/technology/2025/may/09/crowdstrike-to-cut-jobs-and-use-ai https://www.theguardian.com/technology/2025/may/09/crowdstri...
- coliveira 1y ago> pressure, presumably from a government entity Given the business crowdStrike is, it is now unlikely this scheme was setup by some three letter agency from the countries involved with this company. So, the control of the company is handled by one or more entities they trust.
- baobun 1y agoWildly speculating: Maybe he wants to distance himself from future events that he can't or won't prevent.
- deleted 1y ago[deleted]