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Bryan Sullivan was recently asked by TheWrap to comment on why Endeavor’s decision to tap billionaire tech entrepreneur Elon Musk as its newest board member could be advantageous, both to Endeavor and to Musk. In Bryan’s opinion, Musk’s past successes with his own publicly traded companies may be appealing to large-scale hedge fund investors that tend to drive successful IPOs. Additionally, Musk’s new job could be seen as an opportunity for him to make his mark on another area of business.

“He’s already a billionaire, but he probably is excited by the opportunity to join the board of the first talent agency that’s going public,” Bryan said.

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