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> blames the driver well, you are driving a car from a paypal mafia founder. why everyone forget that Musk started by ignoring banking regulations and mostly l

by gcb0 9y ago

> blames the driver well, you are driving a car from a paypal mafia founder. why everyone forget that Musk started by ignoring banking regulations and mostly laundering money quasi legally, while later on holding funds from everyone for arbitrarily enforced rules, while completely ignoring user complaints. (bye HN karma :) seriously, why is that everyone hates paypal ethics but loves musk and hold him as holy?

weltstub 9y ago
He launched a car into space tho. He has to be good. He wouldn't have had the money to launch that car into space if he didn't bust unions and defy regulations.
WhompingWindows 9y ago
I think you're overestimating the amount that people hate paypal ethics. For instance, I don't know what you mean by ignoring banking regulations and laundering money quasi-legally? I read his biography written by Ashlee Vance and I don't think this was covered.
- goldenkey 9y ago
  PayPal has changed a lot. Back when my parents sold thousands of items on eBay, PayPal would screw them over many many times, and not just with disputes - PayPal often locked funds for months without cause. It is fairly easy to find out what PayPal used to be like when Musk ran it - just ask some older eBay sellers.
  - reaperducer 9y ago
    >PayPal often locked funds for months without cause. Not unique to PayPal. Deposit a check of an amount that's unusual for your "profile" at Chase and it'll sit on the money for three weeks.
    - goldenkey 9y ago
      That's just a check clearing. Paypal would lock entire account funds, payment clearance was not an issue.
      - reaperducer 9y ago
        No, it's beyond check clearing. The check clears in two days, but Chase still sits on it for a while as a matter of policy.
  - paulie_a 9y ago
    PayPal really hasn't changed that much. They still pull the same bullshit and if they went out of business tomorrow the world of ecommerce would be a better place
api 9y ago
He's driven the first major innovation in space flight since the 70s.
- dsl 9y ago
  Except the space shuttle, international space station, mars missions, hubble telescope, and a dozen other things. But other than that, sure.
  - mozumder 9y ago
    My favorite is the DC-X that Space X and others are recreating: https://www.youtube.com/watch?v=wv9n9Casp1o https://www.youtube.com/watch?v=wv9n9Casp1o
    - api 9y ago
      I was aware of the DC-X. It was tested in the 90s but it never went anywhere. Why didn't someone else do what SpaceX is now doing? They were too busy selling 70s tech and cashing checks. When I said 'first new thing in aerospace since the 70s' I meant shipped. Things that never shipped don't exist. The Shuttle I suppose could count but it was a mixed bag and in some ways a step backward from the Saturn V. Seems like people have flipped from mindless Musk worship to being haters all the sudden. Tesla may fail but they validated the market for high-end electric cars. Before Tesla the popular narrative was that EVs are impractical, slow, have poor range, and can't possibly ever compete with ICEs. People argued that modern transportation was absolutely and fundamentally inseparable from oil, even spinning this into popular peak oil doomsday narratives. The biggest threat to Tesla today is that now that they've validated the market larger more experienced car companies are jumping on the EV bandwagon.
      - MertsA 9y ago
        Yeah, the DC-X was neat and all but that's suborbital on a stubby cone shaped rocket. That's essentially what New Shepard accomplished and not really comparable to actually recovering the first stage on a real orbital launch. As for the shuttle, well there's a reason why Buran wound up being nothing more than a hanger queen and it was arguably superior to the shuttle. From a practical perspective I think it's fair to say that SpaceX has been the largest impact in access to orbit since the 70s.
deleted 9y ago
[deleted]

by gcb0 9y ago

weltstub 9y ago

He launched a car into space tho. He has to be good. He wouldn't have had the money to launch that car into space if he didn't bust unions and defy regulations.

WhompingWindows 9y ago

I think you're overestimating the amount that people hate paypal ethics. For instance, I don't know what you mean by ignoring banking regulations and laundering money quasi-legally? I read his biography written by Ashlee Vance and I don't think this was covered.

goldenkey 9y ago
PayPal has changed a lot. Back when my parents sold thousands of items on eBay, PayPal would screw them over many many times, and not just with disputes - PayPal often locked funds for months without cause. It is fairly easy to find out what PayPal used to be like when Musk ran it - just ask some older eBay sellers.
- reaperducer 9y ago
  >PayPal often locked funds for months without cause. Not unique to PayPal. Deposit a check of an amount that's unusual for your "profile" at Chase and it'll sit on the money for three weeks.
  - goldenkey 9y ago
    That's just a check clearing. Paypal would lock entire account funds, payment clearance was not an issue.
    - reaperducer 9y ago
      No, it's beyond check clearing. The check clears in two days, but Chase still sits on it for a while as a matter of policy.
- paulie_a 9y ago
  PayPal really hasn't changed that much. They still pull the same bullshit and if they went out of business tomorrow the world of ecommerce would be a better place

api 9y ago

He's driven the first major innovation in space flight since the 70s.

dsl 9y ago
Except the space shuttle, international space station, mars missions, hubble telescope, and a dozen other things. But other than that, sure.
- mozumder 9y ago
  My favorite is the DC-X that Space X and others are recreating: https://www.youtube.com/watch?v=wv9n9Casp1o https://www.youtube.com/watch?v=wv9n9Casp1o
  - api 9y ago
    I was aware of the DC-X. It was tested in the 90s but it never went anywhere. Why didn't someone else do what SpaceX is now doing? They were too busy selling 70s tech and cashing checks. When I said 'first new thing in aerospace since the 70s' I meant shipped. Things that never shipped don't exist. The Shuttle I suppose could count but it was a mixed bag and in some ways a step backward from the Saturn V. Seems like people have flipped from mindless Musk worship to being haters all the sudden. Tesla may fail but they validated the market for high-end electric cars. Before Tesla the popular narrative was that EVs are impractical, slow, have poor range, and can't possibly ever compete with ICEs. People argued that modern transportation was absolutely and fundamentally inseparable from oil, even spinning this into popular peak oil doomsday narratives. The biggest threat to Tesla today is that now that they've validated the market larger more experienced car companies are jumping on the EV bandwagon.
    - MertsA 9y ago
      Yeah, the DC-X was neat and all but that's suborbital on a stubby cone shaped rocket. That's essentially what New Shepard accomplished and not really comparable to actually recovering the first stage on a real orbital launch. As for the shuttle, well there's a reason why Buran wound up being nothing more than a hanger queen and it was arguably superior to the shuttle. From a practical perspective I think it's fair to say that SpaceX has been the largest impact in access to orbit since the 70s.

deleted 9y ago

[deleted]