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ELON MUSK'S IMPOSSIBLE CHOICE: RISK EVERYTHING OR LET ONE COMPANY DIE "The most difficult choice I faced in life was in 2008. I think I had maybe $30 or $40 million left in 2008 I had two choices: I could put it all into one company, and then the... other company would definitely die, or split it between the two companies. But if I split it between the two companies, then both might die When you put your blood, sweat, and tears into creating something, it's like a child So it’s like, am I going to let one starve to death? I couldn't bring myself to do it, so I split the money between the two. Fortunately, "thank goodness", "they both came through"show more

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56,687 次观看 • 6 个月前 •via X (Twitter)

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ELON MUSK: "The most difficult choice I faced in life was in 2008." "I think I had maybe $30 or $40 million left… I had two choices: I could put it all into one company, and then the other company would definitely die, or split it between the two companies. But if I split it between the two companies, then both might die." "I couldn't bring myself to do it, so I split the money between the two. Fortunately, thank goodness they both came through."

ELON MUSK: "The most difficult choice I faced in life was in 2008." "I think I had maybe $30 or $40 million left… I had two choices: I could put it all into one company, and then the other company would definitely die, or split it between the two companies. But if I split it between the two companies, then both might die." "I couldn't bring myself to do it, so I split the money between the two. Fortunately, thank goodness they both came through."

Resist the Mainstream

99,930 次观看 • 4 个月前

ELON: THE MOST DIFFICULT CHOICE IN MY LIFE “I think I had maybe $30 million left - I had 2 choices, I could put it all into one company, and then the other company would definitely die, or split it between the two companies. And if I split it between the two companies, then both might die. When you put your blood, sweat, and tears into creating something or building something, it's like a child. It's like, which one am I gonna let starve to death? I couldn’t bring myself to do it - I split the money between the two. Fortunately, thank goodness they both came through.” Source: Elon Musk

ELON: THE MOST DIFFICULT CHOICE IN MY LIFE “I think I had maybe $30 million left - I had 2 choices, I could put it all into one company, and then the other company would definitely die, or split it between the two companies. And if I split it between the two companies, then both might die. When you put your blood, sweat, and tears into creating something or building something, it's like a child. It's like, which one am I gonna let starve to death? I couldn’t bring myself to do it - I split the money between the two. Fortunately, thank goodness they both came through.” Source: Elon Musk

Mario Nawfal

94,372 次观看 • 1 年前

ELON MUSK: “We had the third consecutive failure of the Falcon 1 rocket for SpaceX. Tesla almost went bankrupt. We closed our financing round 6 p.m. Christmas Eve, 2008. It was the last hour of the last day that it was possible. We would have gone bankrupt two days after Christmas otherwise. What's your pain threshold? Well, it's real high. So, yeah, SpaceX is alive by the skin of its teeth. So is Tesla. If things had just gone a little bit the other way, both companies would be dead. And one of the most difficult choices I have ever faced in life was in 2008. I think I had maybe $30 million or $40 million left in 2008, and I had two choices. I could put it all into one company, and then the other company would definitely die. Or split it between the two companies. But if I split it between the two companies, then both might die. And when you put your blood, sweat, and tears into creating something, building something, it's like a child. So it's like, which one am I going to let one starve to death? I couldn't bring myself to do it, so I split the money between the two. Fortunately, thank goodness, they both came through. (2:00) ... Well, there's a ton of failures along the way, that's for sure. As I said, for SpaceX, the first three launches failed. We were just barely able to scrape together enough parts and money to do the fourth launch. If that fourth launch had failed, we would have been dead. So, multiple failures along the way. I tried very hard to get the right expertise in for SpaceX. I tried hard to find a great chief engineer for the rocket, but the good chief engineers wouldn't join, and the bad ones, well, there was no point in hiring them, so I ended up being chief engineer of the rocket. So if I could have found somebody better, then we would have maybe had less than three failures.”

ELON MUSK: “We had the third consecutive failure of the Falcon 1 rocket for SpaceX. Tesla almost went bankrupt. We closed our financing round 6 p.m. Christmas Eve, 2008. It was the last hour of the last day that it was possible. We would have gone bankrupt two days after Christmas otherwise. What's your pain threshold? Well, it's real high. So, yeah, SpaceX is alive by the skin of its teeth. So is Tesla. If things had just gone a little bit the other way, both companies would be dead. And one of the most difficult choices I have ever faced in life was in 2008. I think I had maybe $30 million or $40 million left in 2008, and I had two choices. I could put it all into one company, and then the other company would definitely die. Or split it between the two companies. But if I split it between the two companies, then both might die. And when you put your blood, sweat, and tears into creating something, building something, it's like a child. So it's like, which one am I going to let one starve to death? I couldn't bring myself to do it, so I split the money between the two. Fortunately, thank goodness, they both came through. (2:00) ... Well, there's a ton of failures along the way, that's for sure. As I said, for SpaceX, the first three launches failed. We were just barely able to scrape together enough parts and money to do the fourth launch. If that fourth launch had failed, we would have been dead. So, multiple failures along the way. I tried very hard to get the right expertise in for SpaceX. I tried hard to find a great chief engineer for the rocket, but the good chief engineers wouldn't join, and the bad ones, well, there was no point in hiring them, so I ended up being chief engineer of the rocket. So if I could have found somebody better, then we would have maybe had less than three failures.”

Dima Zeniuk

90,275 次观看 • 7 个月前

Elon Musk on the hardest decision in his life: “It's just when I started running out of money from PayPal and the markets went into a recession, that's when bankruptcy was knocking at the door. It was in 2008. From 2008 through 2012, bankruptcy was knocking at the door. I had one of the toughest decisions I ever had to make in 2008. I had like $40 million left or something from the PayPal sale. And I could put it all on SpaceX or all on Tesla and increase the probability that either one would survive. Or I could split it. But to me, the company's like a kid. It's not like just a company to me. So it's sort of like if you've got two kids, how could you really say, okay, we're going to let one kid starve? So I was like, I couldn't bring myself to say I'm going to, you know, definitely that company's going to die or definitely that company's going to die. So I ended up splitting the money and gave $20 million to Tesla and $20 million to SpaceX. But that could have ended up being a super dumb decision, and both companies could have gone bankrupt as a result. So at the time, I was like, 'Man, this would really suck if both companies go bankrupt because I kind of split the meal.' But then, fortunately, the fourth launch of SpaceX reached orbit. If that fourth launch had failed, SpaceX would be dead for sure. And then we closed the Tesla financing round on the last hour of the last day that it was possible, which was 6 p.m. December 24th, 2008.”

Elon Musk on the hardest decision in his life: “It's just when I started running out of money from PayPal and the markets went into a recession, that's when bankruptcy was knocking at the door. It was in 2008. From 2008 through 2012, bankruptcy was knocking at the door. I had one of the toughest decisions I ever had to make in 2008. I had like $40 million left or something from the PayPal sale. And I could put it all on SpaceX or all on Tesla and increase the probability that either one would survive. Or I could split it. But to me, the company's like a kid. It's not like just a company to me. So it's sort of like if you've got two kids, how could you really say, okay, we're going to let one kid starve? So I was like, I couldn't bring myself to say I'm going to, you know, definitely that company's going to die or definitely that company's going to die. So I ended up splitting the money and gave $20 million to Tesla and $20 million to SpaceX. But that could have ended up being a super dumb decision, and both companies could have gone bankrupt as a result. So at the time, I was like, 'Man, this would really suck if both companies go bankrupt because I kind of split the meal.' But then, fortunately, the fourth launch of SpaceX reached orbit. If that fourth launch had failed, SpaceX would be dead for sure. And then we closed the Tesla financing round on the last hour of the last day that it was possible, which was 6 p.m. December 24th, 2008.”

Eva Fo𝕏 🦊 Claudius Nero's Legion

317,697 次观看 • 8 个月前

“In 2008, I had to choose — save Tesla or SpaceX. I split my last $30M between them, knowing both might die. Thankfully, they both survived”— Elon Musk

“In 2008, I had to choose — save Tesla or SpaceX. I split my last $30M between them, knowing both might die. Thankfully, they both survived”— Elon Musk

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Warren Buffett brilliantly explains how he chooses winning stocks/companies - so simple but genius "When i was 23, if i got interested in the coal business, I would go out and see the CEOs of eight or ten coal companies. And the interesting thing was I never made appointments or anything. I just dropped in. But they felt a fellow from Omaha who looked like me couldn't be too harmful... so they they'd always see me. And I would and ask them a lot of questions, but two questions I would ask them were: One, if they had to put all of their money into any coal company except their own and go away for 10 years and couldn't change it, which one would it be and why? And after I got an answer to that, I would ask, if they had to sell short an equivalent amount of money in one coal company, which would it be and why? And if I went around and talked to everybody in the coal business about that, I would know more about the coal companies from an economic standpoint than any one of those managers probably would. So, I think there's lots of ways to learn about business."

Warren Buffett brilliantly explains how he chooses winning stocks/companies - so simple but genius "When i was 23, if i got interested in the coal business, I would go out and see the CEOs of eight or ten coal companies. And the interesting thing was I never made appointments or anything. I just dropped in. But they felt a fellow from Omaha who looked like me couldn't be too harmful... so they they'd always see me. And I would and ask them a lot of questions, but two questions I would ask them were: One, if they had to put all of their money into any coal company except their own and go away for 10 years and couldn't change it, which one would it be and why? And after I got an answer to that, I would ask, if they had to sell short an equivalent amount of money in one coal company, which would it be and why? And if I went around and talked to everybody in the coal business about that, I would know more about the coal companies from an economic standpoint than any one of those managers probably would. So, I think there's lots of ways to learn about business."

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33,063 次观看 • 1 年前

Peter Thiel on Elon Musk 🔊 “You know, when Elon was building both Tesla and SpaceX in the 2000s, people thought he was just really, really crazy. I think even those of us who had worked with him at PayPal, I mean, there’s this PayPal book that David Sacks and I thought of writing, and the Elon chapter was titled something like, “The Man Who Knew Nothing About Risk.” There are all these crazy Elon stories I could tell... If one of the two companies had succeeded, you would say, “Well, maybe he still got really lucky,” but when two out of two companies that people thought were completely harebrained in the 2000s, when they both succeed, man, you have to somehow reassess it, and somehow, the rest of us, somehow, are too risk averse, or there’s something about risk he knows that we don’t, or something like this.”

Peter Thiel on Elon Musk 🔊 “You know, when Elon was building both Tesla and SpaceX in the 2000s, people thought he was just really, really crazy. I think even those of us who had worked with him at PayPal, I mean, there’s this PayPal book that David Sacks and I thought of writing, and the Elon chapter was titled something like, “The Man Who Knew Nothing About Risk.” There are all these crazy Elon stories I could tell... If one of the two companies had succeeded, you would say, “Well, maybe he still got really lucky,” but when two out of two companies that people thought were completely harebrained in the 2000s, when they both succeed, man, you have to somehow reassess it, and somehow, the rest of us, somehow, are too risk averse, or there’s something about risk he knows that we don’t, or something like this.”

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3,574,279 次观看 • 2 年前

Anne Hathaway on her choice to stop drinking alcohol: "One of the things I learned about myself was my personality has always had two glasses of champagne. So I don't need to have another one because, otherwise, then I have a third and then it gets messy. So if I have one, it's like three."

Anne Hathaway on her choice to stop drinking alcohol: "One of the things I learned about myself was my personality has always had two glasses of champagne. So I don't need to have another one because, otherwise, then I have a third and then it gets messy. So if I have one, it's like three."

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1,144,541 次观看 • 3 个月前

Are Sengun and Jokic comparable players? I think so but it’s one difference between the two, and i break it down in detail 👇

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17,897 次观看 • 11 个月前

THIS! "I think in Q1 I was easily getting through on that one set of tyres and they pulled me in when I was like seven tenths up and then I put a new tyre on so I lost the two that I would have, the extra tyre that I would have for Q3." "I think that definitely probably, I would imagine that cost me a couple of tenths probably at the end, going from a used to a new.. but nonetheless, it wouldn't have been pole but so a perfect lap I probably would have been maybe third or something." - F1 2025 Monaco -

THIS! "I think in Q1 I was easily getting through on that one set of tyres and they pulled me in when I was like seven tenths up and then I put a new tyre on so I lost the two that I would have, the extra tyre that I would have for Q3." "I think that definitely probably, I would imagine that cost me a couple of tenths probably at the end, going from a used to a new.. but nonetheless, it wouldn't have been pole but so a perfect lap I probably would have been maybe third or something." - F1 2025 Monaco -

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192,485 次观看 • 1 年前

#DunkFSRICHwithDUNK #JoongFSLUCKYwithJOONG : i’m writing a JoongDunk fanfic. in the story only one of you can survivein the end. if you had to chooses would you want yourself to survive or the other person? why? 🌞i want to die … i want to be someone die … it must be drama … if someone survives someone dies… if that’s how it … i will be someone die : why? 🌞cause i don’t want him to die ….. 🌻: it’s okay we can survive both because one survive the other one can help each other if you can each other —— : if you could change one thing about the ending of this story what would you want to change the most? 🌞: die too ( die 2 both die) 🌻: both happy ending

#DunkFSRICHwithDUNK #JoongFSLUCKYwithJOONG : i’m writing a JoongDunk fanfic. in the story only one of you can survivein the end. if you had to chooses would you want yourself to survive or the other person? why? 🌞i want to die … i want to be someone die … it must be drama … if someone survives someone dies… if that’s how it … i will be someone die : why? 🌞cause i don’t want him to die ….. 🌻: it’s okay we can survive both because one survive the other one can help each other if you can each other —— : if you could change one thing about the ending of this story what would you want to change the most? 🌞: die too ( die 2 both die) 🌻: both happy ending

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24,757 次观看 • 18 天前

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30,607 次观看 • 1 个月前

rosé talked about story behind two years “..i woke up crying one morning and i was like so weird i thought i was over it and it had been two years since i was being settled down but then it’s so weird how you like don’t want to be like that but sometimes just like your mind your body just decided to not let go of something” 🥺

rosé talked about story behind two years “..i woke up crying one morning and i was like so weird i thought i was over it and it had been two years since i was being settled down but then it’s so weird how you like don’t want to be like that but sometimes just like your mind your body just decided to not let go of something” 🥺

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51,761 次观看 • 1 年前

I had everything people think they want. The money. The fame. The lifestyle. And I was still miserable. Underneath it all, I was exhausted, anxious, depressed, and slowly losing myself. When everything finally fell apart, I was left with one choice: keep going down the same road or fight for my life. So I chose to try. Not halfway. Not someday. Everything I had. And that decision changed everything. If you're struggling right now, don't count yourself out. Your comeback could start with one decision, too. (888) 464-2144

I had everything people think they want. The money. The fame. The lifestyle. And I was still miserable. Underneath it all, I was exhausted, anxious, depressed, and slowly losing myself. When everything finally fell apart, I was left with one choice: keep going down the same road or fight for my life. So I chose to try. Not halfway. Not someday. Everything I had. And that decision changed everything. If you're struggling right now, don't count yourself out. Your comeback could start with one decision, too. (888) 464-2144

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238,801 次观看 • 2 个月前

I love Elon Musk's old interviews. I really enjoy hearing what he said back then, knowing what the future holds. This "CBS Sunday Morning" interview was recorded in 1998, when then 27-year-old Elon talked about starting his first company: “That was the summer of '95. I had no money whatsoever. I was working, doing research in Silicon Valley on a completely different subject and trying to start this company at the same time. And when it came time to decide do I want to do graduate studies or do I want to start this company and I decided to start the company. I had no money. As a graduate student, I would have received a scholarship and a stipend and so forth. In starting the company, I had nothing. I had no income source. So we found that an office was actually cheaper than an apartment in Silicon Valley. So we got this dinky little office that had a leaky roof. It was just the nastiest place you can imagine. And you lived in it. And I lived in it too and showered at the YMCA. This lasted for about three or four months. And the reason we chose this office, in addition to it being really cheap, was that there was an internet service provider on the floor below. So we were able to get really cheap internet access by drilling a hole in the floor and connecting to their server directly.”

I love Elon Musk's old interviews. I really enjoy hearing what he said back then, knowing what the future holds. This "CBS Sunday Morning" interview was recorded in 1998, when then 27-year-old Elon talked about starting his first company: “That was the summer of '95. I had no money whatsoever. I was working, doing research in Silicon Valley on a completely different subject and trying to start this company at the same time. And when it came time to decide do I want to do graduate studies or do I want to start this company and I decided to start the company. I had no money. As a graduate student, I would have received a scholarship and a stipend and so forth. In starting the company, I had nothing. I had no income source. So we found that an office was actually cheaper than an apartment in Silicon Valley. So we got this dinky little office that had a leaky roof. It was just the nastiest place you can imagine. And you lived in it. And I lived in it too and showered at the YMCA. This lasted for about three or four months. And the reason we chose this office, in addition to it being really cheap, was that there was an internet service provider on the floor below. So we were able to get really cheap internet access by drilling a hole in the floor and connecting to their server directly.”

Eva Fo𝕏 🦊 Claudius Nero's Legion

24,726 次观看 • 1 个月前

Elon Musk: “Since I couldn't get a job at an Internet company, I had to start a Internet company.” “I should point out that I didn't actually at first intend to start a company. I tried to get a job at Netscape. I sent my resume in to Netscape and Marc Andreessen knows about this, but I don't think he ever saw my resume. And then nobody responded. And then I tried hanging out in the lobby of Netscape to see if I could bump into someone, but I was too shy to talk to anyone. So I'm like, man, this is ridiculous. So I'll just write software myself and see how it goes. So it wasn't actually from the standpoint of like, I want to start a company. I just want to be part of building the Internet in some way. And since I couldn't get a job at an Internet company, I had to start a Internet company.” Elon Musk at Y Combinator, June. 16, 2025

Elon Musk: “Since I couldn't get a job at an Internet company, I had to start a Internet company.” “I should point out that I didn't actually at first intend to start a company. I tried to get a job at Netscape. I sent my resume in to Netscape and Marc Andreessen knows about this, but I don't think he ever saw my resume. And then nobody responded. And then I tried hanging out in the lobby of Netscape to see if I could bump into someone, but I was too shy to talk to anyone. So I'm like, man, this is ridiculous. So I'll just write software myself and see how it goes. So it wasn't actually from the standpoint of like, I want to start a company. I just want to be part of building the Internet in some way. And since I couldn't get a job at an Internet company, I had to start a Internet company.” Elon Musk at Y Combinator, June. 16, 2025

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47,379 次观看 • 1 年前

When Trump asks American companies to build a drone like the Iranians: - I told one (military-industrial) company: - "I need a lot of drones. You know, Iran makes good drones, and they cost 35-40 thousand dollars apiece." - So I told them: “I want to see something like this.” Two weeks later they came to me with a drone worth 41 million dollars. - I said, "That's not what I was talking about. Forty-one million? I'm talking about something that costs $35,000 to $40,000 so you can launch them in the thousands."

When Trump asks American companies to build a drone like the Iranians: - I told one (military-industrial) company: - "I need a lot of drones. You know, Iran makes good drones, and they cost 35-40 thousand dollars apiece." - So I told them: “I want to see something like this.” Two weeks later they came to me with a drone worth 41 million dollars. - I said, "That's not what I was talking about. Forty-one million? I'm talking about something that costs $35,000 to $40,000 so you can launch them in the thousands."

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30,852 次观看 • 1 年前

“A choice between hate and success. A choice between vengeance and peace. But for me it’s not much of a choice is it? For me they are one and the same.” “I have to choose between hate and success. Between peace and vengeance. But then I was reminded, they’re one and the same”

“A choice between hate and success. A choice between vengeance and peace. But for me it’s not much of a choice is it? For me they are one and the same.” “I have to choose between hate and success. Between peace and vengeance. But then I was reminded, they’re one and the same”

one shreyas after another🍉

89,244 次观看 • 1 年前

Kevin Xu reveals he lost everything in crypto in 2018, owed the IRS money, then ran up $35,000 in his Google 401K to $10,000,000 and had to quit Google just to withdraw it "I ran like $3,000 to $5,000 up to $300,000 and all the way back down to $30,000 in crypto. All the short term capital gains were captured in 2017 but then I lost everything in Q1 of 2018. I had to ask people for money. Pretty dark period of my life." "I got a stable job at Google in 2019 and pledged to basically be a good boy. Then COVID happened and I had this $35,000 sitting in the 401K that I can't touch for 30 years. I threw it into something and one lucky trade after another it led to a lot." "You're not allowed to take money out of a 401K unless you actually leave the company. If I wanted to buy a new car I literally had no money. I was driving a 2008 Honda Accord with $10,000,000 in my retirement account. So that was partially one of the reasons I quit."

Kevin Xu reveals he lost everything in crypto in 2018, owed the IRS money, then ran up $35,000 in his Google 401K to $10,000,000 and had to quit Google just to withdraw it "I ran like $3,000 to $5,000 up to $300,000 and all the way back down to $30,000 in crypto. All the short term capital gains were captured in 2017 but then I lost everything in Q1 of 2018. I had to ask people for money. Pretty dark period of my life." "I got a stable job at Google in 2019 and pledged to basically be a good boy. Then COVID happened and I had this $35,000 sitting in the 401K that I can't touch for 30 years. I threw it into something and one lucky trade after another it led to a lot." "You're not allowed to take money out of a 401K unless you actually leave the company. If I wanted to buy a new car I literally had no money. I was driving a 2008 Honda Accord with $10,000,000 in my retirement account. So that was partially one of the reasons I quit."

Kai

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OSF reveals he minted 150 Bored Apes “I think I had about $40,000 in my wallet and I just put it all in into minting Bored Apes, it was one of those things where the mint had been around for 2 days, no one had really touched it and then it started to pick up momentum. In my head it felt like a guaranteed trade” “I had 150 and at the top they were worth $500,000 each but I had sold half so I was down to about 70 Bored Apes”

OSF reveals he minted 150 Bored Apes “I think I had about $40,000 in my wallet and I just put it all in into minting Bored Apes, it was one of those things where the mint had been around for 2 days, no one had really touched it and then it started to pick up momentum. In my head it felt like a guaranteed trade” “I had 150 and at the top they were worth $500,000 each but I had sold half so I was down to about 70 Bored Apes”

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54,033 次观看 • 5 个月前