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by WalterBright 754 days ago
Tesla was nothing but two guys, a name, an office, and an idea when Musk invested $6.5 million into it. They had no technology, no car, no money, no nothing. That makes Musk a founder.
1 comments

No, that makes Musk one of two series A investors.

> two guys, a name, an office, and an idea

Add in the paperwork they filled out and we call those things companies. The entire point of incubators like Ycombinator is getting companies to a point where someone would make a significant investment, Martin Eberhard, Marc Tarpenning and Ian Wright who joined a few months later pulled that first major hurdle off on their own.

If Musk had walked away they would’ve just kept looking because it was a very compelling investment as made clear by finding funding within a month of looking and the 1 million put up from a 3rd party.