Fitbit Inc (FIT) CEO: Haven’t Really Thought About The $700M

0
Fitbit Inc (FIT) CEO: Haven’t Really Thought About The $700M

Fitbit CEO James Park spoke with FOX Business Network’s (FBN) Jo Ling Kent about Fitbits IPO today. When ask what it feels like to be $700 million richer Park said, “I haven’t really thought about it, but it’s overall a pretty exciting experience.” Park went on to discuss what he plans to do with the $700 million saying, “at the end of the day most of it will probably be given away.”

James Park on how it feels to be $700 million richer on the Fitbit IPO:

“I haven’t really thought about it, but it’s overall a pretty exciting experience. I have a lot of gratitude for everyone at Fitbit who’s been with us on this journey, and our employees, our investors, and our customers. It’s really very exciting.”

2020 Letter: Kerrisdale Outlines Long Thesis For This ESG Tech Stock

Sahm Adrangi's Kerrisdale Capital was up 6.5% for the fourth quarter, including a decline of 0.3% in October and gains of 3.2% and 3.5% for November and December, respectively. For comparison, the S&P 500 gained 12.2% during the fourth quarter, while the Barclay Hedge Fund Index was up 9.3%. Q4 2020 hedge fund letters, conferences Read More


James Park on what he plans to do with the $700 million:

“At the end of the day most of it will probably be given away, so I try not to think about it.”

No posts to display