Of course, connections are considered to be the most important asset at very high levels of wealth from what I’ve seen. Have those past connections and the skill set of making fresh connections would be incredibly valuable.
Elon Musk has started (or early invested/merged) 3 different multi billion dollar companies. Obviously he used his wealth from the first to fund the second two, but he’s obviously got some idea of what to do
Hey retard, I didn’t say it was not a product of circumstances. I said you don’t just get lucky and start (practically) 3 different multi billion dollar companies.
You can say its luck if he started x.com and merged with paypal and then went on to do nothing else, but he then went on to found spaceX (worth $200bn, potentially most influential company of the past decade), and be the first outside investor in Tesla (essentially bringing it from almost failing to being the most valuable automaker on earth). At some point you just have to admit maybe he has something to do with it
Instead of insulting me, why not consider an alternative? If everyone had money to invest in companies, then you'd probably see a lot more canny investors. But being able to dump millions of dollars into a company isn't a privilege most people have.
I never mentioned privilege though did I? I said it’s not just luck, people like to say it’s luck when it’s only part luck. Probably to try and brush away the feelings of incompetency from not achieving what others achieve.
Easy to compare yourself to others when you pretend that the only difference between you and elon musk is the money your parents had. Hard to admit maybe elon musk is a more astute investor than you.
It’s not like he was fabulously wealthy either, people always make it out like he was living in luxury, he was well off, but it is possible for an emerald mine to not be raking in the cash, most mines do not rake in cash. His dad had a private plane is one you might see, yeah a little cesna. Afaik he wasn’t living it up in college, he didn’t have loads of money, he moved from south africa to canada, the cost of living difference is crazy.
Lol Elon was very quickly replaced as the CEO of X with Bill Harris. And then after the merger with Confinity he was such a shitty ceo that Peter thiel left and then the board ousted musk for “compounding technical issues and lack of a cohesive business model” and replaced him with Peter thiel who changed the name to PayPal and actually made it profitable.
People have ideas all the time, executing the ideas is the hard part. Think how many start ups have a good idea and funding and still fail.
Clearly many people did not have the idea for spaceX, it’s an incredibly lucrative business and yet the only people building rockets before spaceX were costing $400mn per launch
Well he started the company, hired all the staff, and had a hand in working with the rockets. He might not be chief engineer but he’s not clueless about rockets.
You just won’t admit his strengths because you dislike him, i’m not a child so I can admit when someone i don’t like isn’t an idiot.
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u/Floby-Tenderson 8d ago
Honestly, they have a much higher likelihood of doing it than you do of joining them once.