• How Elon Musk Could Use Crypto to Take Tesla Private

    4 days ago - By Fortune

    As Elon Musk seeks backers for his proposal this week to take Tesla private -a deal for which the Tesla CEO tweeted that he had "funding secured" -one investor is offering a solution: cryptocurrency.
    Haydar Haba invests in private tech companies through his fund Andra Capital, which is in the process of raising $1 billion in a token sale of its so-called Silicon Valley Coin. The cryptocurrency will represent an ownership stake in the 20 to 30 venture capital-backed startups-from Silicon Valley to China-in Haba's portfolio, chosen for their growth potential and likelihood to go public in...
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