Carl cashing in his chips

Here’s an interesting Carl Bass exit interview with Roopinder Tara at engineering.com. If you’re wondering just how much stock Carl offloaded in those planned sales, here are his reported sales of Autodesk stock in the weeks leading up to the resignation:

  • 11 Jan 2017 $7,894,150
  • 9 Jan 2017 $7,888,768
  • 5 Jan 2017 $7,694,038
  • 23 Dec 2016 $1,971,715
  • 22 Dec 2016 $1,968,935

That’s $27m, give or take. Carl’s reported as having sold over $49m of Autodesk stock over the last three years.

While Carl still has tens of millions of Autodesk stock, dumping that much of it before leaving doesn’t strike me as the actions of someone as supremely confident in the future of Autodesk’s ailing cloud push and rent-or-go-away business model as his words would suggest.