3 ms·
>Aliya, a Miami-based manager of the wealth of rich families, which invested $360 million alongside Musk in the Twitter buyout, said it believed Musk would ca
by Trouble_007 4y ago
>Aliya, a Miami-based manager of the wealth of rich families,
which invested $360 million alongside Musk in the Twitter buyout, said it believed
Musk would capitalize on Twitter's 229 million daily active users that have "historically been under-monetized."
>"We believe Twitter will produce a return of 4-5x in just a few years,
with comparably limited downside risk," Aliya Chief Executive Ross Kestin said in a statement.
>In his statement, Kestin pointed to Musk's other accomplishments at electric car maker Tesla Inc (TSLA.O),
and rocker developer SpaceX as the source of his confidence in the billionaire entrepreneur.
** Past performance is Not indicative of future results **