![]() "And you know I'm ride or die brother - I'd jump on a grenade for you."Īnd for that, Musk gave his message a heart react. "Candidly, This deal has just captures the worlds imagination in an unimaginable way. "Please stop."Ĭalacanis quickly backs off, alternating between defending himself and buttering up Musk to minimize the damage. This makes it seem like I'm desperate," Musk replies. "Morgan Stanley and Jared think you are using our friendship not in a good way. There is *massive* demand to support your effort btw.people really want to see you win." It's not an open process obviously, only folks already in our syndicate. ~300 QPs and 200 accredited investors said they would do it. "$100m+ on commitments, but if that not ok it's fine. I though that was how folks were doing it," Calacanis explains. We've done 250+ deals like this and we know all the folks. "Not randos, I have the largest angel syndicate and that's how I invest. SPVs are Special Purpose Vehicles, legal instruments usually used for a specific purpose-here, it was likely to raise money from investors eager to get in on Twitter (and earn fees on handling those funds). "What is going on with you marketing an SPV to randos? This is not okay," Musk writes later in May. Will be fun."īack to Calacanis, things began to shift when it became clear Calacanis was a little too eager to help out. Would be a real contribution to democracy." Musk said it was an "Interesting idea" and Döpfner continued on: "I'm serious. ![]() And you establish a true platform of free speech. Mathias Döpfner, chief executive of Axel Springer pitched Musk as well: "We run it for you. "Put me in the game coach! Twitter CEO is my dream job."Ĭalcanis wasn't the only one pushing Musk to buy Twitter and let them run it. Musk asks Calacanis if he'd want to serve as a strategic advisor and the investor jumps: "Board member, advisor, whatever. There’s a funny moment of juxtaposition when Palantir cofounder Joe Lonsdale (more on him later) texts Musk that "even Governor DeSantis just called me just now with ideas how to help you and outraged at that board and saying the public is rooting for you.” While Lonsdale is offering to connect DeSantis to Musk, Calacanis is talking about building a DAO to help buy Twitter shares: "Money goes to buy twitter shares, if you don't wine money goes to open source twitter competitor "Īt one point, the bootlicking seems to have paid off. "I mean, the product road map is beyond obviously." You’d be able to write up to 5,000 words, have it featured on your profile, and ensure every follower sees it at least once, he maintains. Calacanis drools over the prospect of a 20 percent “voluntary departures” if Twitter institutes an in-person work requirement, then shares a reply he made to Musk on Twitter just in case he didn't see it suggesting "Twitter Essays" as a premium feature for paid members. He does quick envelope math to calculate revenue per employee, which gets a reply from Musk about the "Insane potential for improvement" and so another stream follows. "And why should blue check marks be limited to the elite, press and celebrities? How is that democratic?" ![]() "You could easily clean up bots and spam and make the service viable for many more users - removing bots and spam is a lot less complicated than what the Tesla self driving team is doing," Calacanis tells Musk. Those texts go unanswered, so Calacanis continues the next day with more. He suggests that Musk should troll a Saudi Arabian prince shareholder who rejected Musk's deal with $54.21 (“the perfect counter”). After Musk makes public his offer to take Twitter private at $54.20, a stream of unsolicited advice begins to pour in on April 14. Tech investor Jason Calacanis literally offers to jump on a grenade for him.Ĭalanacis is a persistent presence in Musk's texts, usually in the form of long chains of texts and ideas that Musk only sometimes engaged with. ![]() They encourage him to take control of Twitter, kiss his ass, and offer all types of help to one of the richest men that has ever lived. ![]() The texts span from January to June, with Musk expressing concerns early in May before turning on a heel and trying to scuttle the deal altogether.ĭIt’s also clear that, in private, some of the richest and most famous people in the world are not all that different from the random reply guys that appear underneath every single one of Musk’s tweets. It’s clear from the texts that, for a long while, Musk was quite serious about acquiring the company and cast a wide web in pursuit of funding (and also brow beat anyone who was complicating his attempts at fundraising). ![]()
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