Trung Phan
@TrungTPhan · Apr 2, 2021
10/ Elon’s bets on himself
◻️Tesla: $70m --> $120B (1714x)
◻️SpaceX: $100m --> $40B (400x)
Elon Musk
@elonmusk
Had no money to invest in Zip2, but my founder equity yielded ~$15M after tax. Of that, I rolled ~$10M into PayPal, which yielded ~$180M, then …
Basic principle is that I would not ask investors to risk money on my company if I would not also do so.
12:18 AM · April 3, 2021 · 0 views
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