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It raises the bar to the courts for shareholder control. The Google founders are, lets say, more reliable than Musk when it comes to making sound business deci

It raises the bar to the courts for shareholder control. The Google founders are, lets say, more reliable than Musk when it comes to making sound business decisions.

cryptonector 5mo ago
> The Google founders are, lets say, more reliable than Musk when it comes to making sound business decisions. I've no idea about that and I won't opine. But every time I see that sort of statement it seems likely motivated by the whole Twitter acquisition. Perhaps that was just a toy or vanity project for him, one he could afford, so even if you think he's running X terribly it might have nothing to do with how he's run or would run any other companies that are not related to social media. In other words, what I read into such statements is "I don't like the politics he's brought to Twitter!", "the board should rein in the guy whose politics I don't like!!". It's like saying Bezos is bad at business because he owns the Washington Post -another vanity project- and you don't like the Post. Do people not get bored of that sort of take? Tell me he makes bad business decisions all you want, but in the context of everyone-hates-his-acquisition-of-Twitter I'd like to hear about his other businesses. Tell me something useful, not something political. And, sure, politics at some point bleeds into business. Maybe Trump is out to get Bezos over Washington Post coverage, or maybe the next Democrat President will go after Musk for his politics. It's possible that X will eventually cost him dearly and personally, and it's a solid argument for these billionaires and trillionaires to stay out of politics. Or maybe it's a good argument for them to stay in because maybe by demonstrating electoral influence and power they can make the POTUS-of-the-day fear them enough to not go after them too hard. But if you made any such argument it still wouldn't say tell me anything about the rest of these billionaires' businesses.
- queenkjuul 5mo ago
  Space GPUs are stupid, so is hyperloop, so is the Vegas Loop; robotaxis don't work, cybertruck sucks, the humanoid robots don't work, the new roadster is nowhere to be seen. SpaceX blew up an entire launchpad because Musk thought flame diverters are gay, or something. And, yes, Twitter is now a shithole.
  - christoph 5mo ago
    This doesn’t even include the whole taking money from people for FSD that was JUST 2 years away…
    - karmakurtisaani 5mo ago
      Just wait until 2022 when SpaceX is ready to launch their first mission to Mars.
      - cyberge99 5mo ago
        I guess I’m not going to make it to your launch party four years ago.
        karmakurtisaani 5mo ago
        Don't worry, it's been shifted to 2024 now!
  - johnthewise 5mo ago
    If you do so many things, some are bound to be stupid.
    - phs318u 5mo ago
      While it is true that a broken clock is right twice a day, the inverse is not.
  - ethbr1 5mo ago
    And, you know, regular use of ketamine. Just to add that to the crazy pile.
  - Ancapistani 5mo ago
    Every single one of those examples is both valid and - I believe, at least - misunderstood. Musk has a singular goal as far as I can tell: to make humanity a multi-planetary species. All of those things are testing the boundaries of what's possible in areas that will or could be very important for building a permanent settlement on Mars. I posit that while there's much room for debate around whether or not those projects are viable, as far as I can tell everything Musk has done has been in service of building the corporate framework, talent pool, skills, and technology necessary to colonize Mars.

It raises the bar to the courts for shareholder control. The Google founders are, lets say, more reliable than Musk when it comes to making sound business decisions.

cryptonector 5mo ago

> The Google founders are, lets say, more reliable than Musk when it comes to making sound business decisions. I've no idea about that and I won't opine. But every time I see that sort of statement it seems likely motivated by the whole Twitter acquisition. Perhaps that was just a toy or vanity project for him, one he could afford, so even if you think he's running X terribly it might have nothing to do with how he's run or would run any other companies that are not related to social media. In other words, what I read into such statements is "I don't like the politics he's brought to Twitter!", "the board should rein in the guy whose politics I don't like!!". It's like saying Bezos is bad at business because he owns the Washington Post -another vanity project- and you don't like the Post. Do people not get bored of that sort of take? Tell me he makes bad business decisions all you want, but in the context of everyone-hates-his-acquisition-of-Twitter I'd like to hear about his other businesses. Tell me something useful, not something political. And, sure, politics at some point bleeds into business. Maybe Trump is out to get Bezos over Washington Post coverage, or maybe the next Democrat President will go after Musk for his politics. It's possible that X will eventually cost him dearly and personally, and it's a solid argument for these billionaires and trillionaires to stay out of politics. Or maybe it's a good argument for them to stay in because maybe by demonstrating electoral influence and power they can make the POTUS-of-the-day fear them enough to not go after them too hard. But if you made any such argument it still wouldn't say tell me anything about the rest of these billionaires' businesses.

queenkjuul 5mo ago
Space GPUs are stupid, so is hyperloop, so is the Vegas Loop; robotaxis don't work, cybertruck sucks, the humanoid robots don't work, the new roadster is nowhere to be seen. SpaceX blew up an entire launchpad because Musk thought flame diverters are gay, or something. And, yes, Twitter is now a shithole.
- christoph 5mo ago
  This doesn’t even include the whole taking money from people for FSD that was JUST 2 years away…
  - karmakurtisaani 5mo ago
    Just wait until 2022 when SpaceX is ready to launch their first mission to Mars.
    - cyberge99 5mo ago
      I guess I’m not going to make it to your launch party four years ago.
      - karmakurtisaani 5mo ago
        Don't worry, it's been shifted to 2024 now!
- johnthewise 5mo ago
  If you do so many things, some are bound to be stupid.
  - phs318u 5mo ago
    While it is true that a broken clock is right twice a day, the inverse is not.
- ethbr1 5mo ago
  And, you know, regular use of ketamine. Just to add that to the crazy pile.
- Ancapistani 5mo ago
  Every single one of those examples is both valid and - I believe, at least - misunderstood. Musk has a singular goal as far as I can tell: to make humanity a multi-planetary species. All of those things are testing the boundaries of what's possible in areas that will or could be very important for building a permanent settlement on Mars. I posit that while there's much room for debate around whether or not those projects are viable, as far as I can tell everything Musk has done has been in service of building the corporate framework, talent pool, skills, and technology necessary to colonize Mars.