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Diddy Sells Stake In REVOLT, Employees to Become Part Owners

Revolt announced that Diddy sold his shares in the company and employees will become part owners.

In a statement on Tuesday, Revolt CEO Detavio Samuels said “we succeed because we have a dedicated team who has been committed to advancing our purpose, our community, and our culture every single day.” “Without question, they deserve participation in our growth,” he added, “and I could not be more honored to continue on this journey with them, leveraging our collective strength, pushing boundaries, and achieving new heights together.” Speaking to The New York Times, Samuels also noted that “One-hundred percent of Sean Combs’s shares have been redeemed and retired” and “we have completely separated and dissociated from each other.”

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