One other storied funding agency within the tech world, Sequoia Capital, has backed DoorDash, Zoom and 23andMe. A associate on the agency, Roelof Botha, has identified Musk for many years, and was employed by him to work on what would develop into PayPal. Sequoia has additionally invested in Musk’s different ventures, SpaceX and the Boring Firm. “Elon has succeeded in many various industries,” Botha mentioned throughout an interview at a Wall Road Journal convention in October. “He’s an unbelievable first-principles thinker.”
What they get: Among the largest gamers in Silicon Valley at the moment are tied to Twitter’s future. They are going to count on a serious return on their investments, and their affect ensures that they’ll throw their weight round. How Musk decides to run the corporate, who he hires and promotes, and what options and merchandise he emphasizes will reveal the position these buyers will play within the new, personal Twitter. However as their messages and public feedback recommend, they’re additionally attempting to get into Musk’s good graces.