Anonymous ID: fO6mDccG Nov. 22, 2017, 9:23 p.m. No.150564607   🗄️plebs   >>5219

>>150561736

https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003

 

>When Twitter goes public in coming weeks, one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his picture from the Internet.

>People with direct knowledge of his investment activities say that Rizvi, backed by Chris Sacca, a former Google executive and Twitter investor, was instrumental in attracting large private investors to the microblogging site, serving as matchmaker between the company’s founders and global financiers from Wall Street to Riyadh.

>...

>In late 2010, Sacca approached Rizvi with an offer: Sacca’s friend Evan Williams had stepped down as CEO of Twitter and was seeking to sell 10 percent of the company. Rizvi soon snapped up the shares for $340 million, according to people familiar with the matter.

>Following that first transaction, the two men formed a highly efficient tag team, the sources said. Sacca would seek shareholders who wanted to cash out, while Rizvi helped raise money to purchase the stock.

>The friends successfully pitched JPMorgan Chase & Co on a deal to buy more than $400 million worth of Twitter shares in 2011. Months later, Rizvi recruited Kingdom Holding Co, Saudi Prince Alwaleed’s investment company, to buy an additional $300 million in stock in a separate vehicle.

>....

>He did not break into the elite circles of media investing until 2004, after he founded Rizvi Traverse with John Giampetroni, a New York private equity investor.

 

Skipped some other stuff. Rizvi started Rizvi Traverse. Worked with SAUDI PRINCE ALWALEED to buy twitter.