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by cma 291 days ago
> They contributed no money

That's contradicted here:

> The two co-founders funded the company until early 2004, when Elon Musk led the company's $6.5 million Series A financing

https://en.wikipedia.org/wiki/Marc_Tarpenning

1 comments

Doesn't even say any amount of money that they funded. That could be $30 for all we know
It's public record, on Musk's word, that Eberhard was in the series A too for $75,000:

https://www.forbes.com/sites/quora/2014/12/29/how-much-equit...

Your claim was

> They contributed no money

Where did you get this from?

Tesla also licensed the design from tZero before the series-A I believe. And Eberhard was sort of keeping tZero afloat:

https://www.youtube.com/watch?v=88KHfX_kPIY