Tron CEO Justin Sun Switches Venue for Buffett Power Lunch Meeting13/06/2019
For the first time in 15 years, the annual Buffett luncheon is switching venues.
Justin Sun is moving his $4.6 million lunch date with Warren Buffett to “the heartland of tech” aka Silicon Valley. This is the first time since the annual “power lunch” tradition started in 2000 that the meal will take place in San Francisco.
“We want this lunch to be a bridge between the cryptocurrency community and the traditional investor,” Sun said to Yahoo Finance on Monday, who is trying to draw Buffett out of his comfort zone.
Indeed, the traditional investor is as conservative in taste as in investments.
Smith & Wollensky steakhouse in New York City has hosted the Buffett luncheons since 2004, where the Oracle of Omaha reportedly orders the same medium-rare steak with hash browns and a cherry coke, according to an interview with CNBC.
“It might be unrealistic to convince Warren Buffett, in just three hours, to buy cryptocurrencies,” said Sun. “But we want to show him the recent progress of cryptocurrency and blockchain technology. It’s not only about Tron itself, it’s about crypto and blockchain, the whole industry.”