Some of the investors joining Elon Musk in his bid for Twitter: a16z in for $400M, Sequoia $800M, Binance $500M, DFJ $100M, Larry Ellison $1B, and so on. ?? #venturecapital #vc #entrepreneur #entrepreneurship #twitter #elonmusk
https://www.ft.com/content/e2c6123b-eb42-41df-bc82-111f67882ac3 Zhao said Binance’s investment came together in just over a week, with little discussion of plans for Twitter. “We, from our friends, heard that [Musk] was looking for third party investors, and are we interested? We immediately said that we are,” he said. “He didn’t have a plan for Twitter. There isn’t, like, a business plan. So it wasn’t that type of discussion.”?
Bill Gates : Tesla CEO "actually could make it (Twitter) worse". It might indeed happen https://www.cnn.com/2022/05/05/tech/gates-musk-roe-comments/index.html
Would be even nicer if those 44bn$ and brains would go into fighting climate change instead of twitter
I have 3 business ideas ready on the shelf how Twitter can make money.
Sum ca $5.5bn? (Excel has a sum function since Excel v0.01, since >30yrs, little bit surprised that not everyone is using it) … ~12% of total All in all it looks like buying the dip ops. Ironically the real ?libertarian“ alternative is Mastodon, decentralized, not controlled by a single entity. Wouldn’t it make more sense to sponsor some ?free speech“ Mastodon servers?
IPO initial private offering