Sequoia Capital Fund
The California-based venture investment firm had also previously invested in The Boring Company, and had promised $800 million to Musk’s Twitter buy. The firm was reportedly committed to the deal at least back nearly the beginning of October. During a Wall Street Journal TechLive conference, Sequoia’s head Roelof Botha reportedly confirmed that he believed in Musk’s ability to turn Twitter profitable. The two know each other from when Musk was invested in PayPal holdings, and apparently believes Musk has the power to succeed.
