He made his money selling his streaming company Broadcast.com to Yahoo for 4.7MM in '99 or '00. He owned the large majority of the company and had almost no lockup on his founders stock, so he took down about 2.9BB 90 days after the sale of his company.
Oh. That's how he made his millions. I see.
He made his money selling his streaming company Broadcast.com to Yahoo for 4.7MM in '99 or '00. He owned the large majority of the company and had almost no lockup on his founders stock, so he took down about 2.9BB 90 days after the sale of his company.
Oh okay. I thought he just played the rigged market. LOL