2024. 3. 24. 00:14ㆍU.S. Economic Stock Market Outlook
🫠After reading Elon Musk's autobiography
When Elon Musk took over Twitter in 2022, he contacted a variety of people, including Oracle founder Larry Ellison, to raise funds. However, Musk did not even contact him, but there is someone who has contacted him first that he wants to invest, so now he is Sam Bankman Pride, the founder of FTX, a cryptocurrency exchange that has gone bankrupt.
Bankman Pride wanted to turn Twitter into a blockchain-based base, so Musk indirectly communicated his intention to invest, but Musk thought blockchain-based Twitter was nonsense. Although he had been having fun with Dogecoin and other cryptocurrencies for a while, Musk was not a follower of the blockchain in the first place and thought it was too slow to support fast-flowing Twitter posts. So he didn't really want to meet Bankman Fried.
The two also had about 30 minutes to talk on the phone, which seems to have led to each other having more bad thoughts.
"Bankman Fried called Musk in May. "My nonsense detector sounded like a red light from a Geiger counter," Musk said. Bankman Fried quickly began to gush out stories about himself. "I thought he was going to ask questions about the deal, but he kept talking about what he was doing. So I thought, 'Hey, calm down.'" That feeling was the same with Bankman Pride.
"I thought Musk was beside himself. The call lasted half an hour and Bankman Fried ended up not joining the investment nor all-over Twitter shares. Investors Musk recruited included Larry Ellison, Mike Moritz's Sequoia Capital, crypto exchange Binance, Andreessen Horowitz, Dubai-based fund and Qatar-based fund."
This prompted Bankman Fried to call Musk in May. "My nonsense detector sounded like a red light from a Geiger counter," Musk said. Bankman Fried quickly began to gush out stories about himself. "I thought he'd ask questions about the deal, but he kept talking about what he was doing. So I thought, 'Hey, calm down.' That feeling was the same with Bankman Pride. He thought Musk was going crazy. The call lasted half an hour, and Bankman Fried ended up neither joining the investment nor all-over Twitter shares. Investors Musk recruited included Larry Ellison, Mike Moritz's Sequoia Capital, crypto exchange Binance, Andreessen Horowitz, the Dubai-based fund, and the Qatar-based fund.