On your discussion of leadership, I would also like to add that Sanjit and John each own 20% of the company (Class A and Class B shares - only class A trades, but class B are convertible to an equal amount of class A at any time). Overall, Sanjit, John, and other insiders own 60% of the market cap as of the 5/29 proxy statement. That’s very high for a company this big, no?
On your discussion of leadership, I would also like to add that Sanjit and John each own 20% of the company (Class A and Class B shares - only class A trades, but class B are convertible to an equal amount of class A at any time). Overall, Sanjit, John, and other insiders own 60% of the market cap as of the 5/29 proxy statement. That’s very high for a company this big, no?
Yes, high insider ownership is generally a positive sign for a company’s long term growth.
This stock will crash hard. Just saying…
Thanks for your comment. The stock could very well crash in the short to medium term. But we believe it is likely to do well in the long term.
why?
@@scrooge_456because of all the reasons mentioned in the masterclass.
lol