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Howard Hughes Medical Institute
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The Family Of An Early Salesforce Investor Found Out They Still Own Shares
Posted on: April 2, 2018, 9:01 p.m.
Pat McGovern, a tech media tycoon, was one of the earliest investors in Salesforce, backing the company when traditional venture capitalists wouldn't. McGovern bought an undisclosed number of shares in 1999 for $1.75 apiece, as part of a $13.17 million funding round. He never sold any of the shares, not even during Salesforce's initial public offering, years earlier. By the time McGovern died in 2014, the shares' value had grown by 3,200%. His family reached out to Salesforce CEO Marc … Full investment news article
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University of Nebraska Foundation,
Paul Singer Gooses Data Firm’s Shares As He Pressures Its Board | New York Post
Posted on: April 2, 2018, 8:51 p.m.
Data-management company Commvault Systems’ stock is getting a boost as its board faces pressure from billionaire Paul Singer. The activist investor’s hedge fund Elliott Management disclosed a 10.3 percent stake in the New Jersey-based company Monday and is pushing it to replace some of its directors. “We believe Commvault’s issues are widespread, including its severe... Full investment news article
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Paul Singer,