"Luminar Technologies Inc. Chief Executive Austin Russell told The Wall Street Journal on Friday that he is buying an 82% stake in Forbes. "
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"But Luminar's stock has been unfairly penalized by broader skepticism toward firms that listed via special purpose acquisition companies, Chief Executive Officer Austin Russell said in an interview Tuesday."
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"Founder and Chief Executive Austin Russell will also buy shares in the open market, along with other board members and management. "
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"Luminar founder and CEO Austin Russell is confident that although this is the first time the technology is standardized, it wouldn't be the last time."
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"Austin Russell dropped out of Stanford University in 2012 to focus on his driverless-car startup, Luminar Technologies Inc."
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