4 ms·
Guess we will have to agree to disagree. Never said he was going to make a profit. In fact the opposite. What you are describing is not an Investor but a Donor.
by strangattractor 4y ago
Guess we will have to agree to disagree. Never said he was going to make a profit. In fact the opposite. What you are describing is not an Investor but a Donor. Take a look at these equity investors/donors - not lenders.
https://www.reuters.com/markets/us/who-is-financing-elon-musks-44-billion-deal-buy-twitter-2022-10-07/ https://www.reuters.com/markets/us/who-is-financing-elon-mus...
Firms like:
Fidelity Management & Research Company
DFJ Growth IV Partners
Honeycomb Asset Management
Sequoia Capital Fund
All these financial companies have accepted money from retirement funds, pensions etc on the assumption that they will get more money in return. Please don't troll me by saying they could have given him money without seeking returns. We both know that just isn't the case.
- ben_w 4y agoThanks for the link! Nice to see the real list. Given the headlines I'd seen, I was thinking more like "convinced Larry from Oracle" when hypothesising someone could have given him money without seeking returns. I'd agree that isn't the case for many on this list :)