Sequoia, Andreessen Horowitz, a Saudi prince, and other investors have agreed to pour $7.1B into Elon Musk’s deal for Twitter
“A group of private investors spanning Sequoia Capital, Brookfield, Binance, Oracle co-founder Larry Ellison, and the Qatar Investment Authority have collectively agreed to drop $7.1 billion into Elon Musk’s deal for Twitter, according to a new disclosure filed with the SEC earlier today.,” reports Jessice Mathews in Fortune
“In total, 19 investors or firms have agreed to make an equity investment in Twitter as Musk moves forward with plans to take it private, including Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, who has agreed to maintain his 34.9 million shares in the company (that will equate to roughly $1.9 billion once the deal closes).”
