Agent Cameron's best mate - Alexander (Lex) GreensillArchived Message
Posted by Mary on April 1, 2021, 1:03 pm
Lex Greensill and his family sold about $200m of shares in Greensill Capital in 2019, cashing out during a fundraising round led by SoftBank Vision Fund two years before the company collapsed.
'Three people with knowledge of the matter said Greensill and his family were able to sell part of their stake after the giant technology fund ploughed $1.5bn into the business in 2019, valuing the company at about $3.5bn.
The news makes Greensill the latest start-up founder to benefit personally from SoftBank’s investment before the business fell into distress.'