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Interesting to see how heavily Sam Bankman-Fried dontated in the recent midterm elections in the USA. He might run out of runway before those investments pay off.

https://www.washingtonpost.com/politics/interactive/2022/top...




He was trying to get in on the Twitter deal too, for up to $5b. Elon was skeptical.

Michael: Sam Bankman Fried is why I'm calling https://twitter.com/sbf_ftx/status/1514588820641128452 https://www.vox.com/platform/amp/recode/2021/3/20/22335209/s... https://ftx.us

Elon: ??

Elon: I'm backlogged with a mountain of critical work matters. ls this urgent?

Michael: Wants 1-Sb. Serious about partner w/you. Same security you own

Michael: Not urgent unless you want him to fly tomorrow. He has a window tomorrow then he's wed-Friday booked

Michael: Could do $5bn if everything vision lock. Would do the engineering for social media blockchain integration. Founded FTX crypto exchange. Believes in your mission. Major Democratic donor. So thought it was potentially worth an hour tomorrow a la the Orlando meeting and he said he could shake hands on 5 if you like him and I think you will. Can talk when you have more time not urgent but if tomorrow works it could get us $5bn equity in an hour

Elon: Blockchain twitter isn't possible, as the bandwidth and latency requirements cannot be supported by a peer to peer network, unless those "peers" are absolutely gigantic, thus defeating the purpose of a decentralized network.

Elon: ["disliked" "Could do $5bn ..."]

Elon: So long as I don't have to have a laborious blockchain debate

Elon: Strange that Orlando declined

Elon: Please let him know that I would like to talk and understand why he declined

Elon: Does Sam actually have $38 liquid?

Michael: I think Sam has it yes. He actually said up to 10 at one point but in writing he said up to 5. He's into you. And he specifically said the blockchain piece is only if you liked it and not gonna push it. Orlando referred Sams interest to us and will be texting you to speak to say why he (Orlando) declined. We agree orlando needs to call you and explain given everything he said to us and you. Will make that happen We can push Sam to next week but I do believe you will like him. Ultra Genius and doer builder like your formula. Built FTX from scratch after MIT physics. Second to Bloomberg in donations to Biden campaign.

https://danluu.com/elon-twitter-texts/#62


Thanks for the link, definitely does not sound like someone with $38B liquid.


That's a transcription error, it's not $38, it's $3B. You can see the source PDF here: https://www.documentcloud.org/documents/23112929-elon-musk-t...


Thanks for the correction, $3B is more believable though that is really stretching it, even when FTX was at its peak.


Nice find.




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