5 ms·

Unless I'm mistaken, many founders do give up control to their share holders.

• BWStearns 10y ago
  For many founders their company being their "life's work" is closer to a delusion, or being generous, a conceit.
• bkanber 10y ago
  Yes, but Elon himself has put $100M into the company, and most of that early. Musk is also popular of the "space travel is scary and there will be accidents; if we put it in the hands of the shareholders it'll get shut down" argument and that's certainly a part of his negotiating position.
• nraynaud 10y ago
  yes, but only when forced to do so, Musk hasn't yet had to do that. It's a one time trick when you have a funding crisis.