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Dr. Azimov
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Comments by "Dr. Azimov" (@ProfAzimov) on "What Happens When CEOs Cash Out?" video.
That hurts company financials, which is hard on high growth companies, and even can cause big companies to go into unnecessary debt. If you have a majority stake in a company, you probably invested your own money into the company, and you probably want to keep your holding to be profitable. Plus, share buybacks cost less per year.
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The Ice cream machine is still broken.
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@ParadoxlnABox If you want an example of a CEO doing this, there is Adam Neumann putting his entire stake of wework to a 100 Million dollar line of credit from JPMORGAN Chase.
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@timhuang2501 And they must have enough cash to buyback the shares when they sell.
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Or in a fit of rage, like Kalinak and Jobs.
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