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TuSimple co-founder demands liquidation, sues company for control of his shares | TechCrunch

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Xiaodi Hou, the co-founder and former CEO of self-driving truck startup Tu Simple, is demanding that the board immediately liquidate the company and return all remaining funds — roughly $450 million — to shareholders “on a pure pro-rata basis, regardless of share class,” according to a letter that Tech Crunch has viewed.

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