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> "only loans from his network allowed it survive" You're saying this as if networking and convincing acquaintances to offer financial assistance is cheating,
by FatalLogic 4y ago
> "only loans from his network allowed it survive"
You're saying this as if networking and convincing acquaintances to offer financial assistance is cheating, rather than a normal part of starting up a company
Anyway, how about SpaceX? I suppose that's a similar story? It's true that SpaceX also was really on the verge of failure, and it survived because of government subsidies and private loans
But there does seem to be a rare pattern of repeated success here. Elon started with ZipX ($22m in 4 years), then X.com/Paypal ($175m in 2 years), then Tesla and SpaceX.
He's repeatedly creating valued companies, and in the SpaceX case, real innovation. Is this 100% luck, is it all a scam? I find that difficult to believe.
- sp332 4y agoIt's not cheating, its just unrelated to being a genius. And Musk didn't found Tesla or SpaceX.
- bdcravens 4y agoDidn't say he cheated. Just countering the revisionist history that he did it all himself, and that it has been nothing but success for him. As the sibling comment pointed out, he didn't "create" Paypal and Tesla (though he certainly has led them). He's a successful entrepreneur, but not necessarily a "tech genius".