sequoia capital

The banner hung above the New York Stock Exchange back in 2013 when the company first went public. Now that the company is private again, there’s quite a few ex-stock holders who are hoping to see a return on their investment in Elon Musk.Photo: Christopher Penler (Shutterstock)While Elon Musk’s massive $44 billion buyout of Twitter might seem like a one-man show, it’s really a kind of Suicide Squad of big tech moguls and financiers coming together in a strange rogue’s gallery reunion. Not only were Musk’s personal rich…

Elon Musk in Norway on August 29, 2022 (left) and former president Donald Trump on October. 27, 2022, at Trump National Doral Golf Club in Doral, FL.Photo: AFP (Getty Images)Elon Musk fired at least four senior executives at Twitter and is expected to make himself CEO after finalizing the deal to buy the company for $44 billion on Thursday. Users of the social media platform are bracing for sweeping changes to the platform, including the reintroduction of white supremacists like former president Donald Trump, who was…

Early last year, Masayoshi Son addressed his staff on a video call. At the time, startup companies were surging in value, but SoftBank 9984 -0.98% Group Corp. wasn’t investing in enough of them.His executives needed to persuade more companies to take their money, the Japanese billionaire lectured, according to former employees. Mr. Son, SoftBank’s chief executive, set up a spreadsheet tracking calls to companies and eased…

Elon Musk may walk away from his $44 billion deal to acquire Twitter Inc if the social media network fails to provide data on spam and fake accounts, the billionaire warned in a letter to the company on Monday. Twitter was in a "clear material breach" of its obligations and that Musk reserves all rights to terminate the merger agreement, the letter said. This is the first time Musk has threatened to walk away from the deal in writing as opposed to airing it on Twitter's social media platform. Twitter had previously…

Elon Musk has secured $7.14 billion (roughly Rs. 54,485 crore) in funding from a group of investors that includes Oracle co-founder Larry Ellison to fund his $44 billion (roughly Rs. 3,37,000 crore) takeover of social-media platform Twitter, according to a filing on Thursday.Musk revealed in a filing he had received equity commitment letters from investors including Sequoia Capital, Brookfield, Qatar Holding and others.The move comes as Musk's margin loan was reduced to $6.25 billion (roughly Rs. 47,700 crore) from $12.5…