Elon Musk certainly dodged a bullet when it comes to Sam Bankman-Fried. Those paying attention might remember that text messages unearthed in the Twitter litigation showed Bankman-Fried’s adviser suggesting to Musk in March that the FTX founder could easily invest up to $8 billion—and up to $15 billion “with financing”—in a joint Twitter purchase. Talk about a fantasy. Luckily for Musk, he doesn’t appear to have followed up. Having Bankman-Fried as a shareholder in Twitter right now would be great for the news media—combining the Twitter and FTX sagas into one incredible narrative—but certainly not good for Musk.
Musk’s Cure Is Making Twitter Sicker
- Plato Tags:
- angel investors
- Bitcoin Fund
- Blockchain, Technology, PE, VC& Alternatives, Digitalization, Startups
- CRYPTO FUND
- fund
- Media& Marketing, Retail& eCommerce, Daily Finance, PE, VC& Alternatives, Digitalization
- plato
- Plato Data
- plato data intellgence
- Plato Data Intelligence
- The Information
- VC
- VC fund
- venture capital Firms
- Venture Capital Fund
- Venture Capital Funding