[raiyu]

The value has already been cut in half from the peak raise, however him selling shares isn't a bad outlook for company.

He's no longer CEO, part of the deal is he won't be chairman, he will be for all intents and purposes not involved with the business and at arms length so why not cash out $1B dollars and go live your life instead of stewing waiting for something to happen.

Is there more value to be created? Perhaps and very likely. But I think Travis just wants to close this chapter as quickly as possible and move on.

Certainly to have $1-2B in the bank changes your life completely and he will go figure out what all of this means for him now.