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Stability AI cofounder dumped his entire stake for a mere $100 just months before company hit a $1 billion valuation

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July 20, 2023, 2:03 p.m. | Zahra Tayeb (ztayeb@businessinsider.com)

Business Insider www.businessinsider.com

Cyrus Hodes is taking legal action against Stability AI and its CEO, arguing he was fooled into thinking his shares were "worthless."

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