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by panick21_ 910 days ago
Like I guess if somebody creates a startup and sells it can be luck.

Musk did that and earned 20m. Ok lets claim luck, internet was crazy. Then he exited his next one with 100M. Well again lucky, its just internet stuff I guess.

Then he invested that in 2 companies, both in capital intensive technology industries that had a long history of failure where the US was not at all world leading. Now both companies are being valued over 100 billion $.

Like to claim that all of this is luck is just a claim that doesn't make any fucking sense. Maybe if both of the 2 companies had continue to exit and were just kind of there and hanging on, maybe then you could argue that somehow that is luck.

But leading two companies like Tesla/SpaceX at the same time revolutionizing the industry they are in. Common.

Twitter is different in that he bought a company that most people thought was totally overvalued and not profitable for far to much money when the value was very high and he did it for political reasons. That was of course stupid but it doesn't at all prove that he was just lucky up to this point.

1 comments

Bezos said it best on Lex Friedman recently, "It's impossible to build Tesla and SpaceX and not be a capable leader."