Sam Bankman-Seared didn’t know whether he actually claimed shares in Twitter as Elon Musk assumed control over the stage last year, as per Michael Lewis’ life story of the FTX organizer.
“Going Limitless: The Ascent and Fall of Another Head honcho” subtleties how Bankman-Seared plunked down with Nishad Singh and Ramnik Arora to talk about moving Musk’s procurement in late April of a year ago.
Bankman-Broiled previously claimed $100 million of offers in Twitter, despite the fact that Lewis composes that Musk needed “partners” to assist with sponsorship his $44 billion arrangement and allowed him three hours to conclude whether he would help.
As per Lewis, Bankman-Broiled proposed money management between $250 million and $1 billion in Twitter. Singh inquired as to whether they could converse with Musk, and Bankman-Broiled answered: ” He’s a bizarre buddy,” per the history.
“It’s not the dollar sum. It’s about who’s been pleasant to him and who hasn’t,” Bankman-Broiled added.
Singh and Arora said that FTX shouldn’t put resources into Musk’s Twitter, or just go with a little stake.
However at that point Bankman-Broiled asked Morgan Stanley — which aided finance Musk’s arrangement — on the off chance that it would advance him $1 billion to put resources into Twitter, utilizing FTX shares as insurance, as indicated by Lewis.
What’s more, he told one of Musk’s monetary guides he would contribute $5 billion if Twitter could be moved onto a blockchain, the life story says. In any case, Musk denied, so Bankman-Broiled lost revenue and chose not to contribute.