Saturday, May 21

Who are the shareholders behind Elon Musk’s purchase of Twitter? | Digital Trends Spanish

the tech tycoon Elon Musk strengthened the shareholding of its offer to buy Twitter with commitments of more than $7 billion from a variety of investors.

But, who are the characters behind this acquisition?:

  • the saudi prince Alwaleed Bin Talal Bin Abdulaziz Alsaud He is actually a shareholder of Twitter and what he will do is contribute his 35 million shares of the social network to the investment vehicle that is made with the company. It is, thus, the largest partner that Musk will have, since his investment is valued at about 1,900 million dollars.

  • Lary Ellisonthe founder and main shareholder of Oracle, with 1,000 million dollars.
  • Sequoiaanother of the greats of venture capital, will contribute 800 million;
  • VyCapitalDubai-based technology fund, another 700
  • and the cryptocurrency market Binance500 million dollars more.
  • The tech venture capitalist Ben Horowitz he said his firm, known as Andreessen Horowitz or a16z, is investing $400 million because it believes in Musk’s “brilliance to ultimately make him what he was meant to be.”

According to AP information, Elon Musk “is in ongoing discussions with other parties, including the former CEO of Twitter. jack dorseywho is the second-largest individual shareholder in the company after Musk.”

Dorsey has a stake of approximately 2.3% of the firm, for which he would receive just over 1,000 million dollars if he accepts the offer of the richest man in the world.

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