Musk's Big Twitter Backers and Buy Now, Pay Later
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 9 June 2022
⏱️ 44 minutes
🧾️ Download transcript
Summary
Bloomberg's Emily Chang dives deeper into Musk's big backers in his bid to take over Twitter - like a Dubai-based investment firm with a secretive founder. Plus, how the competition views Apple moving into the Buy Now Pay Later category.
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Transcript
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| 0:00.0 | Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental |
| 0:06.2 | leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th. |
| 0:12.8 | Title sponsor Amazon, Official Airline, Alaska Airlines. |
| 0:17.6 | Supporting sponsor, Providence. |
| 0:19.9 | Contributing sponsor, Wareyerhauser. |
| 0:22.6 | Get 40% off using promo code Radio 40 |
| 0:26.0 | at Bloomberg Live.com slash Green Festival. |
| 0:35.0 | From the heart of where innovation, money and power collide, in Silicon Valley and beyond, this is Bloomberg Technology |
| 0:41.0 | with Emily Chang. I'm Emily checking in San Francisco and this is Bloomberg Technology coming up in the next hour |
| 1:00.5 | new information on Musk's big backers in his bid to take over Twitter. |
| 1:05.4 | High on the list a Dubai-based investment firm with a secretive founder we will tell |
| 1:09.9 | you what you need to know. Plus I'm joined by Klarnas CEO Sebastian Simeikowski. |
| 1:15.0 | Is he worried about Apple moving into Klarnas, by now, pay later territory? |
| 1:21.0 | And Ariana Huffington joins me to talk about how she got some of the biggest |
| 1:25.2 | companies in the world to sign Thrives Mental Health Pledge covering millions of workers. |
| 1:31.3 | We're going to get to all of that in a moment, but first a secretive |
| 1:34.0 | five billion dollar fund is helping Elon Musk's bid to buy Twitter. |
| 1:39.0 | Vai Capital has committed 700 million dollars to finance Musk's $44 billion deal. |
| 1:45.5 | The firm is based in Dubai and was founded by Alexander Tamass, |
| 1:49.8 | a German investor who previously worked with Russian billionaire Eury Milner. |
| 1:54.2 | Bloumbers Kurt Wagner joins us to discuss. |
| 1:56.6 | So tell us more about the significance, Kurt, of this fund's involvement. |
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