Hacker News new | ask | show | jobs
by jonplackett 2002 days ago
Lots of places seem like they should have unlimited resources. I would have thought VW would be pretty high on that list - but they have their resources tied up. SpaceX / Tesla seem to be more free to use their resources in daring ways.
2 comments

There's tons of places with effectively unlimited money. But very few places that have nearly unlimited resources. Some key resources are usually inversely correlated with money: decision-making latency and throughput, clear focus, and iteration speed. That's because money buys headcount, not good leadership.
Tesla can seemingly issue new shares and the public market just buy them all up at a huge valuation; I think that's what is meant by "unlimited resources".
That may be mixing up causality. One reason people love to invest is because they see what amazing things are possible. I personally would love to invest with SpaceX.