Thread regarding SAP layoffs

Let us be clear, HPI (Hasso Platner university) is a "partnership" where Hasso is just one of the partners. As such, he has committed to provide 200 million dollars over the next 20 years.

Simply put, this annual commitment of 20M is not even pocket change for him and is absolutely no reason why he is selling out his positions in SAP.

Hasso has a 3.16% stake and a 3.44% stake via his foundation, and he intends to sell between 40-60% of the amount of shares until December 13 this year. He has disclosed as well that he intends to liquidate more of his holdings in 2024. Therefore the approximately 3% of stock which he will be selling is valued ( at today's SAP Market Cap) at 5.2 Billion Dollars - this should hardly be considered as "some money to run his university and art museum".

He gets significant tax credits for his sponsoring the Potsdam university and the Art House is overall quite insignificant in terms of his investment.

The fact is that he will be liquidating an enormous and staggering amount of cash when sells out his positions in SAP, which is perfectly fine and wherever he decides to put this money is entirely his business. However, given the very significant value of his overall stock portfolio and most importantly why it is that he feels now is the time to separate himself from SAP is something which should be taken notice of and understand why so, especially for those who also have some investment in SAP, whether it be stock or a job.

Hasso Plattner is sponsoring (owning) a complete university in Berlin, he is sponsering (owning) at least 2 museums in Potsdam/Berlin featuring is art collection. He has certain non commercial foundations to do so and thus he simply needs some money every year. You cannot pay the bill with SAP share.

He is doing that since serveral years. Due to legal regulations at least in Germany selling SAP shares must be annouced in advance by board and supervisory bord members.

A lot of speculation as always in this board. Kindly check German news papers or

https://hpi.de/en
https://www.museum-barberini.de/en
https://plattnerfoundation.org/das-minsk/?lang=en

Just to continue the Devil's advocate, even an 80-year-old guy with 18 Billion net worth would still have to put his money somewhere. And whether you are 30, 60 or 80 years old, nobody wants to lose money.

Therefore it seems pretty straightforward - he would only be cashing out if he felt he would lose what he has invested, which doesn't say much positive about the future of the company which he founded and has been a major factor throughout all of his years and has deep knowledge of.

He will be out as Chairman next May and his moves foretell that there are some major changes coming to SAP - we will all see what these changes bring.

To play devil's advocate, the sell-off could have to do with his age.
What does an 80 year old man want with shares, might as well cash out while he still can.

When a remaining founder, chairman for the last 20+ years and somebody who is now is on their way out of the company, is selling out their investment position, we can call it insider trading or whatever you want, but it surely doesn't speak of having confidence on the road ahead for SAP.

I wonder then, once Hasso is no longer a key shareholder, who will take his place? Hopefully not another "activist investor"/

It's really whether the potential/future customers are confident about the products SAP is selling and how these products can enhance their business and if they will then buy into SAP that will drive the investors to buy more stock.

Hasso is making clear by his sell off how confident he is in the future and the smart shareholders are watching his moves.

the investor community has been encouraged by dominik asam's presence.

About 5 year ago Dietmar and Hasso collectively controlled 12% of the stock. Since then Hasso has been selling out his position in SAP. Tax laws in Germany are likely influencing how fast he can unload his stock, but at the pace he has been on, in 1 or 2 more years he will have little to no position in SAP.

Pretty simple for me to see that he has no confidence in the future of SAP and is not taking any chance with his generational wealth and bailing out as quick as he can. If he was strong on the future of SAP he would be buying, not selling, but that is clearly not the case. Perhaps we should be doing the same as he.