Diane Greene took $148.6M from Google and donated it all to charity
Google’s new parent company Alphabet Inc. revealed today that it paid a whopping $380.2 million to acquire Bebop Technologies, the startup most recently led by its new cloud boss and ex-Vmware Inc. founder Diane Greene.
Out of that deal, Green raked in a cool $148.6 million in the form of 200,729 Alphabet shares valued at $740.39 each.
Surprisingly though, Greene decided she didn’t want to keep her new-found wealth. Alphabet’s SEC filing on the matter shows that “Greene exchanged 7,244,150 shares of bebop stock for 200,729 shares of Alphabet Class C Capital Stock at $740.39 each in the Merger, plus cash for fractional shares”. However, it added that Greene intends to donate the shares to an unnamed charity via a “donor advised fund.”
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