![]() Like Musk, Thiel and Sacks are former PayPal mavens who are often referred to as the " PayPal Mafia" because of the influence many have amassed in tech after helping to create the payments company. Along with them others who agree with Musk's strong anti-censorship beliefs, which they say run opposed to Twitter's current management style, also supported the takeover. Peter Thiel and David Sacks are apparently two of the people who encouraged Musk, the Journal said. This group includes the so-called PayPal mafiaformer PayPal founders and executives such as Musk, Peter Thiel, Reid Hoffman, Roelof Botha, Max Levchin. That group was composed of wealthy and influential people with a libertarian bent and others who jibe with Musk's strong anti-censorship views that they believe run counter to the way Twitter has managed itself thus far. ![]() Twitter cofounder and former CEO Jack Dorsey "whispered" in Elon Musk's ear that the social-media platform ought to be a private company, and other billionaire contacts pushed Musk to pursue the takeover deal he ultimately made, the Wall Street Journal reported Friday.ĭorsey, who stepped down as Twitter CEO in November, has publicly and heartily supported Musk's purchase, saying that he is a " singular solution" to leading Twitter.īehind the scenes, others supported Musk's Twitter interest, especially ones who were frustrated by Twitter's content moderation decisions, the WSJ reported. Elon Musk was ousted by the so-called 'PayPal Mafia' from his role as chief executive of the payment platform while he was on vacation for. Former PayPal executive David Sacks says Twitter is harassing his companies for information about former colleague Elon Musk’s attempt to cancel a 44 billion buyout of the social-media platform. Account icon An icon in the shape of a person's head and shoulders. Top News Wall Street Journal: Sources: PayPal Mafia members, Jack Dorsey, and others who disliked Twitter's direction pushed Musk to launch a bid Musk is dismayed that Trump is still banned Behind the scenes, fellow billionaires and internet provocateurs bent Tesla CEO's ear Jack Dorsey's role Elon Musk unveils the Tesla Model Y in 2019. Elon Musk has a social circle that includes some of the biggest names in Silicon Valley and Hollywood from Nathan Fielder to Joe Rogan and Jack Dorsey.
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