Tron CEO Justin Sun Moves $4.6 Million Lunch With Warren Buffett To Silicon Valley
- TRON Founder Justin Sun will be having dinner with legendary billionaire investor Warren Buffett, after paying over $4 million to get the opportunity to do so (the money will go to charity).
- The lunch meeting will take place in Silicon Valley, instead of at Smith & Wollensky, a steakhouse based in New York
Sun Aims to Create a Bridge Between Traditional Investment Communities and Crypto
Justin Sun, the CEO of the Tron Foundation, has paid $4.6 million USD in order to have a lunch date with Warren Buffett, but you possibly already know that. What is new today is that Justin Sun has decided to change the place where the lunch will happen to Silicon Valley, known as the heartlands of technology in the U. S.
Now, the traditional lunch date, which happens since 2000, will be done in San Francisco. According to Sun’s recent interview with Yahoo Finance, he wants to draw Buffett out of his comfort zone in Wall Street. He affirmed that he wants lunch to create a bridge between more traditional investment communities and the crypto space.
Buffett is, indeed, very conservative when it comes to investments and it seems that with lunches as well. Since 2004, all annual lunches happen on Smith & Wollensky, a steakhouse based in New York. There, he always orders the same food, medium-rare steak with hash browns and cherry coke.
Showcasing the Progress of the Cryptoasset Space
Sun affirmed that this lunch will not only be about Tron but as cryptos as a whole. He wants to showcase the progress of the industry so far and to convince Buffett that he should give a more careful look at this big market.
While he understands that it may be too unrealistic to simply convince Buffett to buy cryptos in around three hours, he also acknowledges that this is an important effort. Buffett has expressed many doubts about the crypto market before and has compared it to gambling often, so if he is convinced, this could be a huge victory for the crypto world.
The meeting, which will now take place in an undisclosed location, will have the presence of seven crypto industry leaders that will have the task of helping Sun in convincing the famous investor. Buffett affirmed that he is delighted to meet Sun and that he looks forward to seeing him and his friends.
According to Sun, the lunch was paid only with ad revenue from BitTorrent, which was acquired by him last year. BitTorrent is currently the largest torrent streaming service in the world.