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During this times of crisis some people rise to the challenge. Mike & Chris discuss an article about Twitter CEO Jack Dorsey donating over 28% of his net worth over $1 Billion Dollars to fighting Coronavirus.
Looking at the other side of the coin, Glen Kelman, CEO of Redfin.com furloughs 41% of its real estate agents and 7% of its support staff. The company previously promised increasing the pay of its employees but instead terminated them.
Glen Kelman, CEO of Redfin donates the remainder of his salary for 2020 a meager $185,000 or .005% of his net worth. Looking further into this, Glen Kelman also dumps almost $2 million in company stock right before Coronavirus pulled down the value of $RDFN stock. The day Kelman traded the stock hit a high of $31.65 the stock today trades around $16.
Articles:
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