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Datsundere
on Sept 4, 2020
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Ask HN: What Happened to Larry Page?
Do you realize 110b is not liquid assets? If he sold all his stock Facebook would plummet into oblivion
wmf
on Sept 4, 2020
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He can borrow against it and do whatever he wants while maintaining ownership. Whether that's a good idea is debatable.
vonmoltke
on Sept 4, 2020
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Only for as much as he has present cash flow to pay for the loan. I'm sure he has quite a bit of that, but I highly doubt he has enough to take a loan for more than a fraction og his holding.
wmf
on Sept 4, 2020
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Awww, maybe he could only get $10B liquid.
foogazi
on Sept 4, 2020
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He could sell 1b and keep 109b in illiquid assets
Gates still owns a lot of MSFT shares
zeusk
on Sept 4, 2020
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Do you realize big trades don't happen in public markets all at once? Dark pools, private share sales, debt-equity swap are a thing.
frank2
on Sept 4, 2020
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>If he sold all his stock Facebook would plummet into oblivion
No, it wouldn't.
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