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“Palunteer CEO Alex Karp publicly criticized short sellers like Michael Bur after the company reported strong revenue, calling out critics for betting against what he sees as one of the best businesses in the world.”
“Alex Karp sold 585,000 shares for $96 million.”
“We got turned down by everyone. Turned down by Excel, by Sequoia. The guy at Kleiner Perkins at the time... they're laughing us out of the room basically. All the investors were telling us you guys are crazy. No one does this. Why are you doing this? It's not possible.”