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I think where we can all agree that Musk is a genius is in seeing where billions of public funds are going to flow, and then positioning himself to be in a posi
by tenpies 4y ago
I think where we can all agree that Musk is a genius is in seeing where billions of public funds are going to flow, and then positioning himself to be in a position to profit.
That was a key difference between Theranos and Tesla/SolarCity.
Imagine if Elizabeth Holmes had gotten just a bit luckier with timing and had been around when the COVID pandemic occurred. Not only would she have launched a highly-futuristic COIVD test, but also received billions of funding with nearly no oversight. She almost certainly would have negotiated to receive proactive immunity from the government, like the vaccine manufacturers did.
- mrtksn 4y agoGood point. I like to think that people ultimately have good intentions and maybe even the guy from WeWork could have had make it work somehow if they had a bit more integrity and actually tried to kick the can down the road until they can deliver something with value. When you can stay alive for long enough you greatly improve your chances for a great timing. Had Holmes survived till 2020, she might have become a success story with the testing during the pandemic.
- jdminhbg 4y agoThe government spends orders of magnitudes more on health care than green energy every year, both pre- and post-Covid. The key difference between Theranos and Telsa/SolarCity is that the latter has a real product.