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> None of the companies Elon has been involved with have ever actually generated a profit Bullshit; there are companies he's been involved in that have turned
by BinaryIdiot 11y ago
> None of the companies Elon has been involved with have ever actually generated a profit
Bullshit; there are companies he's been involved in that have turned a profit.
Zip2 made a good profit and a great exit - http://news.cnet.com/Compaq+buys+Zip2/2100-1023_3-221675.html http://news.cnet.com/Compaq+buys+Zip2/2100-1023_3-221675.htm...
X.com / Paypal generates first profits in 2002 - http://www.ecommercebytes.com/cab/abn/y02/m04/i18/s02 http://www.ecommercebytes.com/cab/abn/y02/m04/i18/s02
SpaceX is profitable - http://www.bloomberg.com/news/articles/2015-03-04/spacex-profitable-as-musk-pulls-in-nasa-contracts-google-cash http://www.bloomberg.com/news/articles/2015-03-04/spacex-pro...
Don't forget SolarCity is turning itself around and will likely turn a profit in a few years (http://www.fool.com/investing/general/2015/02/17/what-to-look-for-when-solarcity-reports-earnings.aspx http://www.fool.com/investing/general/2015/02/17/what-to-loo...). The same for Tesla which is expecting to turn a profit in 2020 (http://www.marketwatch.com/story/tesla-wont-turn-profitable-until-2020-musk-2015-01-14 http://www.marketwatch.com/story/tesla-wont-turn-profitable-...).
- Scoundreller 11y agozip2 would be quite viable even today without much "re-invention".