The Wolf of Los Angeles

[Chapter 228: The Marginalized Program at BlackRock]

Beverly Hills, Hyatt Regency Hotel.

Douglas Coster, from BlackRock's San Francisco office, entered a business suite accompanied by two assistants. Emma Batson was already waiting there.

After entering the conference room, they began discussing the investment matters concerning Twitter.

Emma candidly stated, "Twitter and Hawke Osment weren't opposed to receiving investments from BlackRock, but the condition was that BlackRock wouldn't interfere with Twitter's operations. Twitter needed to maintain sufficient independence."

She paused for a moment before adding, "Hawke Osment also proposed a dual-class share financing structure, where he controlled the voting shares, while other investors would only have dividend rights..."

Such conditions were absolutely unacceptable for BlackRock.

Douglas said bluntly, "He's being overly optimistic. It would take at least more than a billion dollars, and if Twitter's stance doesn't align with BlackRock's, that investment would simply fail."

Business discussions weren't solely about finances; they also involved a series of related matters.