688
this post was submitted on 27 Sep 2024
688 points (99.0% liked)
Technology
59322 readers
4980 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
People forget Musk isn't actually technically smart, he's just good at buying into and investing in already good ideas using money he got by playing the capital machine (and his parents south africa money).
He didn't found PayPal; he merged another company with them and capitalized on their already good idea.
He didn't found Tesla, he invested in them and then drove the original founders out.
He did admittedly create SpaceX, but only by bringing on good engineers from the start after failing to buy ICBM's from Russia. Yes, he tried that... spaceX has been successful only because he gave them the runway to let engineers work right.
The cult of personality is insane, he's just another average investor bro who got lucky in the crazy growth of the 90's/00s.
Tres comas, indeed.
A glorious Silicon Valley reference.
It's more than that - he failed to create PayPal so his group bought a competitor, he didn't found Tesla or spaceX - he claimed he did, then reached settlements with the actual founders to not contest his claims. He did start the boring company. It didn't get off the ground because he can't build a team
Thats right in Paypal and Tesla's cases, he bought them and then gave himself the title of founder, but he did actually found SpaceX. Per wiki: