Twitter subpoenas Musk’s allies as legal fight heats up

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The list of those who have received subpoenas includes several prominent investment firms and venture capitalists, some of whom are part of the so-called PayPal mafia, a group of influential figure…

By Jennifer Korn and Clare Duffy | CNN

Twitter has subpoenaed a number of Elon Musk’s associates, according to court filings and public statements, as the company moves forward with its legal fight against the Tesla billionaire over his attempt to terminate their $44 billion acquisition deal. The list of those who have received subpoenas includes several prominent investment firms and venture capitalists, some of whom are part of the so-called PayPal mafia, a group of influential figures in the tech industry who worked at the payment company cofounded by Musk.

According to a court filing, Twitter sent a subpoena to Founders Fund, a San Francisco-based VC firm established by Peter Thiel, the controversial billionaire who was also a cofounder at PayPal. Twitter is also said to have sent subpoenas to investors Joe Lonsdale and David Sacks, according to tweets from both individuals.

Lonsdale, a cofounder of Palantir and former PayPal employee, claimed in a tweet this week that his subpoena is part of a “giant harassing fishing expedition.” Sacks, a former PayPal exec and founder of Yammer, responded to the subpoena by tweeting a magazine cover with an image of a middle finger on it.

 

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