The current headline, "Zoom CEO sold all of his common shares", is technically correct but highly misleading – but's it's still interesting to see what a founder on a rocketship is doing to diversify a little, even in the particulars of the conversion/disclosure & how it's (mis-)interpreted by peanut galleries everywhere.
I guess. I don't know how much of that $10b is readily liquid. If we really want to look at it in percentage terms it seems like that number is the one to compare to.
Frankly it seems reasonable to me to sell off some shares to "lock in" some of the gains; I'm not sure that shows a lack of confidence going forward.
Besides, there's a lot of reasons to sell shares. Maybe he's buying a house.
"Zoom CEO sold $24m worth of stock" is still a pretty compelling headline.