Tag: founder

Few Details in San Francisco Stabbing Death of Cash App Founder Bob Lee

April 7, 2023
Bob LeeBusiness & MarketsCaliforniaCash AppCompaniesCrime and IncidentsDonald TrumpfounderNorthern CaliforniaPublic SafetyRegional & State NewsSan FranciscostabbingState NewsUSUS News
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SAN FRANCISCO—Details of how tech executive Bob Lee came to be fatally stabbed in downtown San Francisco early Tuesday were scarce as friends and family continued to mourn the man they called brilliant and kind. San Francisco police found Lee, 43, on the sidewalk in front of a condominium building with stab wounds shortly after…

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5 Unicorn Founders Share Their Productivity Hacks

July 26, 2022
BrightbudgetingentrepreneursfounderFuture Planningpersonal financeproductivity
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Article by S Shanthi From the 80/20 Rule and Getting Things Done to the Pomodoro Technique and the Rule of Three, there are many productivity techniques out there that can help us make the most of our time. While entrepreneurs stay aware of these methods, they often figure out their own techniques or hacks to stay…

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FedEx Corp. Founder Fred Smith Will Step Down as CEO in June

March 29, 2022
Business & EconomyCEOCompaniesfedexfounderFred Smithstep down
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FedEx Corp. said Monday that Fred Smith will step down on June 1 as CEO of the package-delivery company that he founded and be succeeded by the company’s president and chief operating officer. Raj Subramaniam will serve as both CEO and president and Smith will become executive chairman, the package-delivery company said. Smith, 77, started…

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Evergrande Founder Sells 9 Percent Stake for $344 Million Amid Debt Crunch

November 26, 2021
ArchivedBusiness & EconomyChinaChina Business & EconomyCompaniesdebteconomyevergrandefounderHui Ka YanMarketsNewsstake
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HONG KONG—The chairman of China Evergrande Group Hui Ka Yan sold 1.2 billion shares in the company at an average price of HK$2.23 each on Thursday, Hong Kong Stock Exchange filings show. The share sale, which is worth a total of HK$2.68 billion ($344 million), lowers Hui’s stake in the Shenzhen-based real estate company to…

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Founder of Chinese E-Commerce Firm Pinduoduo Departs

March 18, 2021
ChinaChina Business & EconomyChinese RegimeColin Huange-commercefounderPinduoduo
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HONG KONG—Colin Huang, founder of the Chinese e-commerce firm Pinduoduo, stepped down as chairman Wednesday just as the company’s annual user base surpassed that of rival Alibaba. Huang, who founded Pinduoduo in 2015 and is China’s third-richest man with a net worth of about $56 billion, said that he is giving up the chairmanship to…

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Zoom Founder Eric Yuan Transfers Stock Worth Over $6 Billion

March 8, 2021
BusinessChinaChina Business & EconomyCompanieseric yuanfounderSharestransfersUSUS Newsworth over $6 billionzoom
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Video-conferencing platform Zoom Video Communications Inc. founder Eric Yuan transferred about 18 million shares worth over $6 billion last week, according to a regulatory filing. The transfers were related to Yuan’s estate planning practices, a Zoom spokesperson said. “The distributions were made in accordance with the terms of Eric Yuan and his wife’s trusts.” Yuan,…

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