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#sequoiacapital

1 post1 participant0 posts today
Continued thread

On the #xAI purchase of #X (#Twitter)

Because both companies are privately held & controlled by #Musk, the transaction likely amounts to a #stock swap, with X investors getting paid out in xAI shares. The companies have a number of mutual investors, including venture firms #AndreessenHorowitz & #SequoiaCapital, as well as #Fidelity Management, #VyCapital & #SaudiArabia’s Kingdom Holding Co.

#law #securities #SEC
cnbc.com/2025/03/28/elon-musk-

CNBCElon Musk says xAI has acquired X in deal that values social media site at $33 billionIn a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.

nothing to see here, just a couple of the Nerd Reich's "free speech absolutists" threatening to use state violence to compel speech.

(ICYMI what's happening here is that one of the guys from #a16z who bought #Twitter with #ElonMusk is threatening advertisers with criminal prosecution if they don't spend enough money advertising on #X. #ShaunMaguire is a crypto bro at #SequoiaCapital.)

Continued thread

One week earlier, #Trump was #convicted of 34 #felony counts of falsifying business records to suppress a sex scandal. The day the verdict came down, #ShaunMaguire, a #SiliconValley #VC from #SequoiaCapital, announced…that he was giving $300k to Trump. But the real money was about to flow. The cheapest ticket to the fundraiser was $50k, & it was $300k to attend a smaller dinner w/Trump after the reception. The money would go directly to the campaign via Trump’s joint fund-raising cmte w/the #RNC

"X" FKA "Twitter" owners list made public by court order.

There's at least one Saudi (Alwaleed bin Talal), some Qataris (Q Tetris Holding), one Palantir founder (Lonsdale / 8VC), some crypto bro scumbags (a16z / Andreessen Horowitz; see my pinned toot for more on that), more crypto scumbags (Binance), lot of Fidelity funds, that Gerber Kawasaki Tesla bro, P. Diddy, Sequoia, Bill Ackman, Saudi Kingdom fund, Larry Ellison, more crypto bros, fintech bros, tech bros, even MORE crypto bros...

tl;dr crypto bros own twitter now. wonder why they wanted it.

definitely the kind of people you want in charge of the free speech platform.

#Qatar#Palantir#8VC

#TheCryptocalypseChronicles: Of Tech Bros And Trumpers

The reason so many Silicon Valley billionaires suddenly decided to back #DonaldTrump is not the mystery the media is making it out to be.

tl;dr The billionaires backing #Trump are crypto bros and they want to continue profiting from committing various kinds of crimes.

This is a "follow the money" deep dive into how some of these bros profit by investing in companies like #Uniswap that create excellent tools for #NorthKorea to launder stolen money with a passing explanation of how #Coinbase facilitates the overall system.

Ω👇Ω
cryptadamus.substack.com/p/of-

How did #China get so good at chips and #AI?
House Select Committee on the China Communist Party (CCP) investigation revealed Thursday that five #venturecapital funds – #GGVCapital, #GSRVentures, #QualcommVentures, #SequoiaCapital, and #WaldenInternational – were responsible for injecting billions of dollars into Chinese AI and #semiconductor businesses tied to #humanrights abuses and the People's Liberation Army (PLA).
#Capitalism made c#ommunism stronger
theregister.com/2024/02/09/inv