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Yeah, but the money from small company acquisitions can be used to jumpstart "changing the world". PayPal may not have changed the world, but the money Elon go
by Xcelerate 9y ago
Yeah, but the money from small company acquisitions can be used to jumpstart "changing the world". PayPal may not have changed the world, but the money Elon got from that was enough to fund Tesla and SpaceX, which very well may change the world. You need a large amount of personal capital if you want to directly fund a (crazy) breakthrough vision.