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May 5, 2022 11:56 am
Original Link: https://slashdot.org/story/22/05/05/1156229/sequoia-binance-and-a16z-back-elon-musks-44-billion-twitter-bid?utm_source=rss1.0mainlinkanon&utm_medium=f
Sequoia, Binance and a16z Back Elon Musk's $44 Billion Twitter Bid
A group of nearly two dozen investors including Sequoia Capital, Andreessen Horowitz, crypto exchange Binance and asset management firm Fidelity are backing Elon Musk's $44 billion bid to acquire Twitter. From a report: The Tesla and SpaceX chief executive said in a filing Thursday that he had raised over $7.1 billion in total from the investors. Oracle co-founder Larry Ellison delivered the largest check, at $1 billion, the filing revealed. Sequoia has chipped in $800 million, VyCapital $700 million, Binance financed $500 million, and Andreessen Horowitz has invested $400 million, the amended 13D filing said.Read more of this story at Slashdot.
Original Link: https://slashdot.org/story/22/05/05/1156229/sequoia-binance-and-a16z-back-elon-musks-44-billion-twitter-bid?utm_source=rss1.0mainlinkanon&utm_medium=f
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