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by yowlingcat 2233 days ago
100% agree with you. See where he initially put his skin in the game and took his initial risks, and don't pay too much attention to what he's saying beyond it being his own brand of infotainment. Surprised by a lot of the replies to this that try to make it out like building a fintech company or going into online payments is not finance.

Of course it's finance, and a great way to tell is to ask the question does a big bank offer this service, albeit in a product I may not personally use? The answer is yes.

1 comments

At the time, this ventures were not "another" online payment venture. This class of startups were the first, period.

As I have stated in my other replies, at the time there was an opportunity like no other. Musk put his goals on hold to capitalize... then he returned to his priorities.

I'll say this, if other 'smart people' did this... made a truck load of $$$ off of their finance gigs and then did stuff like build EVs, rocket or whatever. That would be something. That's not the normal path at all, however.