This Week in Startups Elon buys ~9% stake in Twitter + Freestyle Capital's Dave Samuel | E1426
Apr 5, 2022
Dave Samuel, co-founder of Freestyle VC, shares insights on early-stage investing and the dynamics of venture capital. He discusses the intriguing implications of Elon Musk's 9.2% stake in Twitter, analyzing its potential influence on governance and public discourse. Samuel emphasizes the importance of fund size in dictating investment strategies and gives valuable advice on providing feedback to founders, especially the delicate art of saying no. Tune in for a peek into the evolving landscape of investments and the complexities of capital allocation.
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Elon's Twitter Origin
- Jason Calacanis encouraged Elon Musk to open a Twitter account.
- Musk later acknowledged this on a podcast, admitting he initially found the platform silly.
Free Speech and Ownership
- Elon Musk's 9.2% stake in Twitter raises free speech concerns, as it's a private company.
- Questions arise about who decides speech limits and if billionaires should influence public discourse.
Twitter's Trajectory
- Twitter's product velocity seems to have increased since Jack Dorsey's departure.
- Despite innovations like Twitter Blue and Spaces, some argue the platform remains sideways.