A naukri.com initiative
Insider
2d
129
Image Credit: Insider
Meet Michael Grimes, the investment banker to Elon Musk who's running Trump's invest-in-America agenda
- Michael Grimes, known for aiding Elon Musk in purchasing Twitter, has left Morgan Stanley to lead Trump's investment accelerator.
- During his 30-year career, he has been a prominent figure in tech banking, working with companies like Uber and Google.
- Grimes is now part of the Commerce Department, serving as the executive director of the US Investment Accelerator program.
- He helped elevate Morgan Stanley's position in tech IPOs, often ranking 1 or 2 globally over the past two decades.
- Grimes tried to facilitate a deal between Elon Musk and Sam Bankman-Fried for Twitter funding, but it did not materialize.
- Having worked at Morgan Stanley since 1995, Grimes held a key role in the technology investment-banking practice.
- He started under star tech banker Frank Quattrone and played a significant role in Google's IPO in 2004.
- Grimes is known for his unique approach to winning clients, including taking unconventional steps like driving for Uber to secure deals.
- Despite not following the traditional path of a white-shoe banker, Grimes' engineering background has been an advantage in Silicon Valley.
- He maintains strong ties with UC Berkeley, where he is involved in advisory roles and co-founded programs combining business and engineering.
Read Full Article
7 Likes
For uninterrupted reading, download the app