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by berberous 3042 days ago
While not one of the original co-founders, Musk has devoted enormous amounts of time, money and energy into Tesla since nearly the beginning, which I think makes him close enough to a co-founder. If you read Arrington’s post, he even says the same about Heather —- not technically a co-founder but one in practice given the amount of work she put in.

The guy he is calling out is alleged to have put zero time or money in — he just grabbed what he could.

2 comments

I had no idea until this thread that Elon Musk hadn't been with Tesla from the beginning. I presume reasonable people can disagree, but, no, I don't think leading someone's A round, even if you take an operational role at some point afterwards, makes you a "cofounder".
Agreed.

This is kind of like Warren Buffett taking over Berkshire Hathaway.

But now Musk is definitely the face and head of the company same as Buffett. That is what counts for most people after everything is said and done.

If Tears had NO claim to TC then why would Arrington willingly give up 10%? Pity? I don't think so. Not his style. Did they have a written agreement about the 75/25 split that muddied the waters? Possibly. We're definitely not getting the whole story and both sides most likely remember things quite differently now.