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He wanted to work on super capacitors in his PhD, but he realized that somebody would work on it anyways, and it's better for him to work on Paypal. Watch the

• JoshCole 8y ago
  Mostly right :). He actually thought it better to be involved in creating an internet company. This led to the founding of Zip2 (a kind of precursor to Yelp whose pivots ended up trying to help newspapers get online). The money from that led to the founding of X (think, transaction), which later took over and ultimately merged with its competitor, PayPal. I second the recommendation of watching the interview. There is way too much misinformation surrounding Tesla and Elon Musk.
  • iamcreasy 8y ago
    Yes, I recall him saying something similar. I was writing from my memory.