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Start-up investor Jason Calacanis raising millions for Twitter stake

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Jason Calacanis

Adam Jeffery | CNBC

Angel investor Jason Calacanis, an early backer of Uber and Robinhood, is seeking to raise tens of millions of dollars for a stake in Twitter as part of Elon Musk’s $44 billion agreement to buy the social media company.

“We are now collecting interest to invest in Twitter with Elon Musk’s plan to take it private,” Calacanis wrote in a message soliciting funds from his network of high net worth individuals. CNBC viewed Calacanis’s email to prospective investors.

The minimum investment required to participate is $250,000, Calacanis wrote, adding that the fees he collects for the deal will total about $18,000. As manager of the fund, he’s also asking for…



Source cnbc.com

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