![]() ![]() With a net worth of 8 billion, he's among Silicon Valley's most successful. The outlet mentioned that Charles Johnson, who was banned from Twitter for raising money to "take out" a BLM activist, texted the head of Musk's personal investment office, on the Twitter purchase and asked when he could get his account back. Billionaire Peter Thiel said he had 50 million in Silicon Valley Bank when it collapsed. Musk and his associates have repeatedly expressed interest in replatforming people banned from Twitter or are annoyed that people were de-platformed, per the WSJ report. Other associates who leaned on Musk to make a move on Twitter include members of the so-called PayPal Mafia, a group of executives who helped found and build the online payment site PayPal. Their online friendliness and general bromance began in 2016 and progressed from there, Insider has reported.Īccording to unnamed former Twitter executives who spoke to the Journal, Musk and Dorsey apparently both felt that Twitter would function better as a privately owned enterprise and that it should be thought of less as a profit machine and more like a positive utility for the public. Musk's relationship with Dorsey was evident over a period of time, the WSJ reported. Like Musk, Thiel and Sacks are former PayPal mavens who are often referred to as the " PayPal Mafia" because of the influence many have amassed in tech after helping to create the payments company. Previously, Sacks was the founding COO and product leader of PayPal 1 2 and founder/ CEO of Yammer. Jack Patrick Dorsey (born November 19, 1976) is an American Internet entrepreneur, philanthropist, and programmer who is a co-founder and former CEO of Twitter, Inc., as well as co-founder, principal executive officer and chairperson of Block, Inc., which is the developer of the Square financial services platform. He is general partner of Craft Ventures, a venture capital fund he co-founded in late 2017. Peter Thiel and David Sacks are apparently two of the people who encouraged Musk, the Journal said. David Oliver Sacks (born May 25, 1972) 1 is an entrepreneur, author, and investor in internet technology firms. That group was composed of wealthy and influential people with a libertarian bent and others who jibe with Musk's strong anti-censorship views that they believe run counter to the way Twitter has managed itself thus far. Twitter cofounder and former CEO Jack Dorsey "whispered" in Elon Musk's ear that the social-media platform ought to be a private company, and other billionaire contacts pushed Musk to pursue the takeover deal he ultimately made, the Wall Street Journal reported Friday.ĭorsey, who stepped down as Twitter CEO in November, has publicly and heartily supported Musk's purchase, saying that he is a " singular solution" to leading Twitter.īehind the scenes, others supported Musk's Twitter interest, especially ones who were frustrated by Twitter's content moderation decisions, the WSJ reported. Jack Dorsey and Elon Musk MARCO BELLO/AFP/Picture Alliance/Getty Images ![]()
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