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Lots of places seem like they should have unlimited resources. I would have thought VW would be pretty high on that list - but they have their resources tied up
by jonplackett 6y ago
Lots of places seem like they should have unlimited resources. I would have thought VW would be pretty high on that list - but they have their resources tied up. SpaceX / Tesla seem to be more free to use their resources in daring ways.
- AYBABTME 6y agoTesla can seemingly issue new shares and the public market just buy them all up at a huge valuation; I think that's what is meant by "unlimited resources".
- ALittleLight 6y agoThat may be mixing up causality. One reason people love to invest is because they see what amazing things are possible. I personally would love to invest with SpaceX.
- zbrozek 6y agoThere's tons of places with effectively unlimited money. But very few places that have nearly unlimited resources. Some key resources are usually inversely correlated with money: decision-making latency and throughput, clear focus, and iteration speed. That's because money buys headcount, not good leadership.