Billionaires, VCs Sucked Into Twitter v Musk Check Whole Record

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Technology

The two sides have subpoenaed a Who’s Who of significant Wall Road and Silicon Valley names in their battle more than Musk’s $44 billion takeover bid.

Ken Griffin’s on the record. So are Larry Ellison and Marc Andreessen. Not to mention Morgan Stanley and Sequoia Capital. Twitter Inc. is subpoenaing a veritable Who’s Who of Wall Street and Silicon Valley as section of its legal battle to drive Elon Musk to full his proposed $44 billion acquisition. The social media corporation is on the hunt for any evidence that demonstrates Musk’s claim that he pulled the plug on the deal above bot accounts is just pretext — traders, bankers, close friends or anyone else Musk could possibly have spoken to about the offer are good match.

Musk has sent out his individual subpoenas, though lots of fewer, looking for proof that Twitter failed to offer him with exact details about bot accounts.

Here’s who each and every facet has subpoenaed so considerably:

Twitter’s Subpoenas

  • Ellison, Oracle Corp. chairman whose believe in fully commited $1 billion to Musk’s bid. His financial investment company, Lawrence Investments, was also subpoenaed
  • Griffin, Citadel CEO whom Twitter describes as an “actual or potential” co-investor in the equity financing for the offer
  • Andreessen, Silicon Valley enterprise capitalist whose business was an fairness backer of Musk’s bid
  • Steve Jurvetson, venture capitalist, SpaceX and previous Tesla board member. His business, DFJ Advancement IV Associates, fully commited equity funding
  • Joe Lonsdale, Palantir Systems Inc. co-founder whose investment business Eight Associates VC LLC is not identified to have been a component of deal. Lonsdale has tweeted that he experienced ‘nothing to do’ with the authorized struggle and named the subpoenas “a big harassing fishing expedition”
  • Patrick O’Malley III, whom Twitter describes as an adviser to Musk
  • David O. Sacks, undertaking capitalist, former PayPal COO and longtime Musk associate who has tweeted critically of Twitter. He claimed on his podcast that he has no involvement in the transaction and that he ideas on hiring a attorney to quash the subpoena
  • Kristina Salen, previous CFO for Planet Wrestling Entertainment and Etsy who Twitter states suggested Musk on offer
  • Philip B. Simon, trustee for Ellison
  • Bob Swan, former Intel Corp. CEO and Andreessen companion who recommended Musk on offer but was sidelined mainly because they “weren’t on the very same wavelength,” in accordance to the lawsuit
  • Antonio Gracias, enterprise capitalist, former SpaceX and Tesla board member, and Musk pal who Twitter mentioned in its lawsuit was meant to have taken more than the financing effort and hard work from Swan but “never appeared”
  • Firms Fully commited to Giving or Probably Supplying Equity Finance
  • AH Capital Management LLC, Andreessen’s expense company that committed $400 million and also advised on the deal, per the subpoenas
  • A.M. Administration and Consulting LLC, a VC firm that fully commited $25 million
  • Aliya Funds Companions, a Miami-dependent multi-family members workplace and preceding Tesla and SpaceX investor that fully commited $360 million
  • BAM Buying and selling Solutions Inc., unit of crypto trade Binance that committed $500 million to Musk’s bid
  • BAMCO Inc., a device of Baron Funds Management Inc., that fully commited $100 million
  • Bandera Associates LLC, a hedge fund that owns Twitter shares and was determined as an “actual or potential” co-investor
  • Gain Road Partners LLC, a credit score-concentrated cash supervisor named as an “actual or potential” co-investor
  • Brookfield Asset Administration LLC, investment administration business that fully commited $250 million
  • Cartenna Funds LP, Connecticut hedge fund that dedicated $9 million
  • DFJ Growth IV Associates, Jurvetson’s VC fund that dedicated $100 million
  • Factorial Resources LLC, VC and asset administration company explained as an “actual or potential’ co-investor
  • Fidelity Management & Investigation Co., financial investment agency that fully commited $316.1 million
  • The Founders Fund Development II Management, VC fund owned by PayPal co-founder and longtime pal to Musk Peter Thiel. The subpoena identifies the firm as “actual or likely co-investor” in the deal
  • Honeycomb Asset Administration LP, hedge fund that committed $5 million
  • J. Safra Asset Management Corp., an investment decision advisor that is element of the Safra Team of companies managed by the Safra household. It really is identified as an “actual or potential” co-trader
  • Essential Wealth Advisors, financial commitment administration organization that fully commited $30 million
  • Linda Ye and Robin Ren Family Foundation, the charity organization established by previous Tesla government Robin Ren and an “actual or potential” co-trader
  • LITANI Ventures LLC, spouse and children office environment of RXBar founder Peter Rahal, which fully commited $25 million
  • Manhattan Enterprise Companions LLC, enterprise cash business recognized as an “actual or potential” co-investor
  • Mirae Asset United states of america LLC, US device of a Korean financial solutions team and an “actual or potential” co-trader
  • Sequoia Capital Fund LP, VC organization that pledged $800 million to again Musk’s bid
  • Tomales Bay Money, financial commitment business associated in a failed offer to purchase a piece of Musk’s space flight corporation SpaceX. It was described in the subpoena as an “actual or potential” co-trader
  • Tru Arrow Technologies Associates I, a personal equity firm described as an “actual or potential” co-investor
  • Vy Cash Holdings LP, Alexander Tamas’s Dubai-based mostly expense firm that dedicated $700 million
  • Witkoff Funds LLC, developer Steven Witkoff’s family business office that dedicated $100 million
  • Section 32 LLC, a VC agency operate by previous Google Ventures CEO Monthly bill Maris and identified as an “actual or potential” co-investor
  • Info Firms
  • TaskUs Usa, a content moderation business
  • Concentrix Solutions Company, a details analytics organization
  • Innodata Inc., a facts analytics firm

Musk’s Firms

  • Space Exploration Systems Corp.
  • Tesla Inc.
  • Musk’s Advisers
  • Morgan Stanley
  • Valor Fairness Companions, Antonio Gracias’s agency
  • Quinn Emanuel Urquhart & Sullivan LLP
  • Davis Polk & Wardwell LLP
  • Skadden, Arps, Slate, Meagher & Flom LLP
  • McDermott Will & Emery LLP

Financial institutions Providing Financial debt Financing or Margin Financial loans

Morgan Stanley

Bank of The usa Corp.

Barclays PLC

Mitsubishi UFJ Fiscal Team, Inc.

BNP Paribas SA

Mizuho Monetary Team, Inc.

Societe Generale SA

Credit rating Suisse Group AG

Citigroup

Deutsche Lender AG

Royal Bank of Canada

Canadian Imperial Financial institution of Commerce

Musk’s Subpoenas

Financial Advisers

Goldmans Sachs Team Inc.

JPMorgan Chase & Co.

Allen & Co.

Lawful Advisers

Wilson Sonsini Goodrich & Rosati

Information Corporations

Innodata Inc., info analytics agency

 

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