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Peter Thiel: In the 2000s, people thought Elon was really crazy. “When Elon was building both Tesla and SpaceX in the 2000s, people thought he was just really, really crazy, even a lot of those of us who'd worked with him at PayPal. There was this PayPal book that...

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ELON CLIPS

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294,880 просмотров • 1 год назад •via X (Twitter)

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Фото профиля Elon Musk
Elon Musk1 год назад

❤️

Фото профиля ELON CLIPS
ELON CLIPS1 год назад

🙏❤️

Фото профиля UserInterface
UserInterface5 лет назад

Will Elon Musk and SpaceX Ever Reach Mars? #mars #elonmusk #science

Фото профиля Rennie Scranton
Rennie Scranton1 год назад

More of this, we need to shower X with these kinds of stories to support Elon. We all know what a hero he is. 👏🏻🇺🇸

Фото профиля ELON CLIPS
ELON CLIPS1 год назад

🙏❤️ doing our best

Фото профиля Manish Patel
Manish Patel1 год назад

Exactly. The so-called “crazy” guy built two trillion-dollar revolutions while the safe players built... PowerPoints. Elon didn’t misunderstand risk—he understood mediocrity was the real danger.

Фото профиля Plutus
Plutus1 год назад

If he succeeds in the government sector as well, nobody could ever doubt him again.

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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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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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Peter Thiel on investing in Elon and SpaceX: “The rest of us are too risk averse—or there’s something about risk that he knows, that we don’t.” “When Elon Musk was building Tesla and SpaceX in the early 2000s, people thought he was just really, really crazy.” “There was this PayPal book that David Sacks and I thought of writing. The Elon chapter was titled, ‘The Man Who Knew Nothing About Risk.’” “If one of the two companies succeeded, you would say— maybe he still got really lucky.” “But when 2/2 companies that people thought were completely harebrained in the 2000s, when they both succeed— you somehow have to reassess it.”
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Peter Thiel on investing in Elon and SpaceX: “The rest of us are too risk averse—or there’s something about risk that he knows, that we don’t.” “When Elon Musk was building Tesla and SpaceX in the early 2000s, people thought he was just really, really crazy.” “There was this PayPal book that David Sacks and I thought of writing. The Elon chapter was titled, ‘The Man Who Knew Nothing About Risk.’” “If one of the two companies succeeded, you would say— maybe he still got really lucky.” “But when 2/2 companies that people thought were completely harebrained in the 2000s, when they both succeed— you somehow have to reassess it.”

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Peter Thiel on investing in SpaceX: “When Elon Musk was building Tesla and SpaceX in the early 2000s, people thought he was just really, really crazy.” “There was this PayPal book that David Sacks and I thought of writing. The Elon chapter was titled, ‘The Man Who Knew Nothing About Risk.’” “If one of the two companies succeeded, you would say— maybe he still got really lucky.” “But when 2/2 companies that people thought were completely harebrained in the 2000s, when they both succeed— you somehow have to reassess it.” “Somehow the rest of us are too risk averse, or there’s something about risk that he knows, that we don’t.”
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Peter Thiel on Elon Musk: “When Elon was building Tesla and SpaceX in the 2000s, people—even PayPal alumni—thought he was really crazy. We planned a book where his chapter was titled ‘The Man Who Knew Nothing About Risk.’ If one succeeded, you’d call it luck. But when both harebrained ideas triumph, you have to reassess: Maybe the rest of us are too risk-averse, or Elon knows something about risk we don’t.”
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Peter Thiel on Elon Musk: “When Elon was building Tesla and SpaceX in the 2000s, people—even PayPal alumni—thought he was really crazy. We planned a book where his chapter was titled ‘The Man Who Knew Nothing About Risk.’ If one succeeded, you’d call it luck. But when both harebrained ideas triumph, you have to reassess: Maybe the rest of us are too risk-averse, or Elon knows something about risk we don’t.”

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Peter Thiel on Elon Musk: My number one rule is to never compete with Elon on anything, so I would never bet against Elon “I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”
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Peter Thiel on Elon Musk: My number one rule is to never compete with Elon on anything, so I would never bet against Elon “I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”

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Peter Thiel on Elon Musk: I would never bet against Elon “My number one rule is to never compete with Elon on anything, so I would never bet against Elon. I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla. I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”
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Peter Thiel on Elon Musk: I would never bet against Elon “My number one rule is to never compete with Elon on anything, so I would never bet against Elon. I was a close partner of his at PayPal in the late 90s early 2000s and after PayPal, Elon set out to start these two both rocket and car companies, SpaceX and Tesla. I think the conventional wisdom on Elon was that these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t”

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NEVER BET AGAINST ELON Peter Thiel: "I would never bet against Elon. After Paypal, Elon set out to start SpaceX and Tesla. The conventional wisdom on Elon was that these were both completely harebrained projects. If one of them had succeeded, you have question it. When both of them succeeded, it suggests that he knows something people other people don't." Source: Rubin Report
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NEVER BET AGAINST ELON Peter Thiel: "I would never bet against Elon. After Paypal, Elon set out to start SpaceX and Tesla. The conventional wisdom on Elon was that these were both completely harebrained projects. If one of them had succeeded, you have question it. When both of them succeeded, it suggests that he knows something people other people don't." Source: Rubin Report

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Peter Thiel and David Sacks were going to write a book about PayPal. Elon Musk’s chapter was titled “The Man Who Knew Nothing About Risk.” The PayPal Mafia. The sharpest venture minds of a generation. People who had built with Musk. Watched him operate up close. They thought he was out of his mind. Thiel: “When Elon was building both Tesla and SpaceX in the 2000s, people thought he was just really, really crazy.” This was not the press misunderstanding a founder. This was his own people. And they were not wrong by accident. They were wrong by design. Because the framework everyone uses to calculate risk is built on one assumption. That the laws governing what is possible are fixed. Musk did not share that assumption. Thiel figured that out later. Thiel: “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 both succeed, you have to reassess.” One success is luck. Two is a different kind of intelligence entirely. Musk was simultaneously trying to privatize space and electrify transportation. Two industries with the most entrenched players on Earth. Two that had eaten billions in failed attempts. Two that governments spent decades trying to move and couldn’t. He did both. At the same time. Nearly went bankrupt doing it. And came out the other side owning both. That is not luck. That is not even genius. That is a different relationship with reality itself. The conventional risk model measures one thing. The probability of losing what you already have. Capital at risk. Downside scenarios. Protect the position. Musk was running a different equation entirely. He was calculating the cost of not trying. The risk of building a reusable rocket and failing is a rounding error. The risk of humanity remaining trapped on a single planet forever is not. The conventional investor sees a 90% chance of losing everything and calls it irrational. Musk saw a 100% chance of civilizational stagnation if no one moved and called that the real risk. The math was never wrong. The lens was just incomprehensibly larger. Thiel: “Somehow the rest of us are too risk-averse, or there’s something about risk he knows that we don’t.” That is Peter Thiel. One of the most ruthless, clear-eyed thinkers in venture capital history admitting the model broke. Not that Musk got lucky. That the rest of them were running a flawed framework and didn’t know it. That should keep you up at night. Because if the PayPal Mafia had the wrong model, the question is not whether Musk is exceptional. The question is how many other things the conventional framework is catastrophically wrong about right now. How many ideas getting buried today look obvious in ten years. How many founders are being told they don’t understand risk when they are the only ones who do. The chapter never got written. The man it was supposed to warn us about built two of the most important companies in human history instead. They are still writing the explanation. He already moved on to the next impossible thing.
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Peter Thiel and David Sacks were going to write a book about PayPal. Elon Musk’s chapter was titled “The Man Who Knew Nothing About Risk.” The PayPal Mafia. The sharpest venture minds of a generation. People who had built with Musk. Watched him operate up close. They thought he was out of his mind. Thiel: “When Elon was building both Tesla and SpaceX in the 2000s, people thought he was just really, really crazy.” This was not the press misunderstanding a founder. This was his own people. And they were not wrong by accident. They were wrong by design. Because the framework everyone uses to calculate risk is built on one assumption. That the laws governing what is possible are fixed. Musk did not share that assumption. Thiel figured that out later. Thiel: “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 both succeed, you have to reassess.” One success is luck. Two is a different kind of intelligence entirely. Musk was simultaneously trying to privatize space and electrify transportation. Two industries with the most entrenched players on Earth. Two that had eaten billions in failed attempts. Two that governments spent decades trying to move and couldn’t. He did both. At the same time. Nearly went bankrupt doing it. And came out the other side owning both. That is not luck. That is not even genius. That is a different relationship with reality itself. The conventional risk model measures one thing. The probability of losing what you already have. Capital at risk. Downside scenarios. Protect the position. Musk was running a different equation entirely. He was calculating the cost of not trying. The risk of building a reusable rocket and failing is a rounding error. The risk of humanity remaining trapped on a single planet forever is not. The conventional investor sees a 90% chance of losing everything and calls it irrational. Musk saw a 100% chance of civilizational stagnation if no one moved and called that the real risk. The math was never wrong. The lens was just incomprehensibly larger. Thiel: “Somehow the rest of us are too risk-averse, or there’s something about risk he knows that we don’t.” That is Peter Thiel. One of the most ruthless, clear-eyed thinkers in venture capital history admitting the model broke. Not that Musk got lucky. That the rest of them were running a flawed framework and didn’t know it. That should keep you up at night. Because if the PayPal Mafia had the wrong model, the question is not whether Musk is exceptional. The question is how many other things the conventional framework is catastrophically wrong about right now. How many ideas getting buried today look obvious in ten years. How many founders are being told they don’t understand risk when they are the only ones who do. The chapter never got written. The man it was supposed to warn us about built two of the most important companies in human history instead. They are still writing the explanation. He already moved on to the next impossible thing.

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Peter Thiel on Elon Musk: “My #1 rule is to never compete with Elon Musk on anything, so I would never bet against Elon Musk.I was his close partner at PayPal in the late 90s and after PayPal, Elon started SpaceX and Tesla.I think the conventional wisdom on Elon was these were both completely harebrained projects and if one of them had succeeded that you have to sort of question it and when both of them succeeded, it suggests that he knows something other people don’t."
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🇺🇸 PETER THIEL: ELON UNDERSTANDS RISK IN WAYS WE DON’T "Silicon Valley once thought Elon was crazy—starting Tesla, a car company, and SpaceX, a rocket company. If just one of them had succeeded, it could’ve been called luck. But both have wildly succeeded. It tells us Elon understands something about risk the rest of us don’t. From the outside, it looks like a high-wire act, but there’s a method to his approach." Source: Piers Morgan Uncensored Peter Thiel Elon Musk
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🇺🇸 PETER THIEL: ELON UNDERSTANDS RISK IN WAYS WE DON’T "Silicon Valley once thought Elon was crazy—starting Tesla, a car company, and SpaceX, a rocket company. If just one of them had succeeded, it could’ve been called luck. But both have wildly succeeded. It tells us Elon understands something about risk the rest of us don’t. From the outside, it looks like a high-wire act, but there’s a method to his approach." Source: Piers Morgan Uncensored Peter Thiel Elon Musk

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2,207,408 просмотров • 1 год назад

Peter Thiel reveals the Elon Musk metaphor that changed how he thought about building Palantir "There was an Elon metaphor he told me once, maybe 2010 or 2011. There were these three or four aerospace companies in the US that were really badly managed" "They were these very fat cows on a grassy enclosed field, and if you ever got in there, there was just going to be a bl**dbath" "There's this carnivore and there's a big fence and you got to climb this really big fence. Eventually you get in there" "Both Elon and what we built with Palantir were able to be persistent enough to overcome unnatural barriers and do something very optimistic and fix things" "When we started Palantir, there was nobody who even wanted to give you money. People thought we were insane. If you could get through, you would have no competition"
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Peter Thiel reveals the Elon Musk metaphor that changed how he thought about building Palantir "There was an Elon metaphor he told me once, maybe 2010 or 2011. There were these three or four aerospace companies in the US that were really badly managed" "They were these very fat cows on a grassy enclosed field, and if you ever got in there, there was just going to be a bl**dbath" "There's this carnivore and there's a big fence and you got to climb this really big fence. Eventually you get in there" "Both Elon and what we built with Palantir were able to be persistent enough to overcome unnatural barriers and do something very optimistic and fix things" "When we started Palantir, there was nobody who even wanted to give you money. People thought we were insane. If you could get through, you would have no competition"

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317,460 просмотров • 4 месяцев назад

“If you talk about risk, let me tell you about why there’s really no risk at all.” Peter Thiel explains how Elon Musk convinced him to bet Founders Fund on SpaceX: “The internal version in Silicon Valley of both Tesla and SpaceX were that they could never succeed.” “I had a conversation with Elon about this in the summer of 2008.” “I asked him when the last successful new car company had been created in the US?” “The answer was Jeep in 1941.” “You could say, ‘There’s been no new car company in 67 years, therefore it must be very hard and you should not do it.’” “The alternate version that Elon gave was, ‘It’s been 67 years. So it’s about time for a new car company.’” “One of the tremendous advantages that Tesla and SpaceX had was that they were competing with really sclerotic businesses.” “It turned out that the fact that nobody thought it was doable, and nobody had done it in a long time, paradoxically created a big opening.”
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“If you talk about risk, let me tell you about why there’s really no risk at all.” Peter Thiel explains how Elon Musk convinced him to bet Founders Fund on SpaceX: “The internal version in Silicon Valley of both Tesla and SpaceX were that they could never succeed.” “I had a conversation with Elon about this in the summer of 2008.” “I asked him when the last successful new car company had been created in the US?” “The answer was Jeep in 1941.” “You could say, ‘There’s been no new car company in 67 years, therefore it must be very hard and you should not do it.’” “The alternate version that Elon gave was, ‘It’s been 67 years. So it’s about time for a new car company.’” “One of the tremendous advantages that Tesla and SpaceX had was that they were competing with really sclerotic businesses.” “It turned out that the fact that nobody thought it was doable, and nobody had done it in a long time, paradoxically created a big opening.”

Jawwwn

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RESURFACED CLIP of Peter Thiel telling Dave Rubin why you should never bet against Elon Musk: "I would never bet against Elon Musk. I was his close partner at PayPal in the late 90s and after PayPal, Elon started SpaceX and Tesla. [Elon's success] suggests that he knows something other people don’t." 🚀💪
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RESURFACED CLIP of Peter Thiel telling Dave Rubin why you should never bet against Elon Musk: "I would never bet against Elon Musk. I was his close partner at PayPal in the late 90s and after PayPal, Elon started SpaceX and Tesla. [Elon's success] suggests that he knows something other people don’t." 🚀💪

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Why Elon didn't want to be CEO: "[Elon] is at core, an engineer and a product guy. He has this great line where he said: "I realized you couldn't be fully in control of the product unless you were also in control of the company." He says he made a moral error, early in Tesla, where he was trying to have his cake and eat it too. He wanted to control the company without running the company. And that was the 2002 to 2008 era, where Tesla was just off to a really messy start. He was providing the funding. He was chairman of the board. But Martin Eberhard was CEO. Eventually, when Tesla was on the verge of death in 2008....Elon was pushed into the position of: "I have to be CEO. I don't want to be. It comes with a lot of chores. It comes with a lot of responsibilities. But if I want this company to be successful, I have to fully internalize and take responsibility for it." And that's what he did, even though he was also in the same position at SpaceX. The fact that these companies are improbable, iconic, and that he funded and led them both in parallel...it's like running a two minute mile twice at the same time. It is such a higher degree of difficulty than most people can conceive of, and the fact that it worked is still unbelievable."

Ti Morse

47,497 просмотров • 5 месяцев назад

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Elon Musk talks to Jon Stewart about Paypal, Tesla, and SpaceX in 2012. "When I was in college, there were three areas I thought would most affect the future of humanity: the internet, sustainable energy, & space exploration, particularly making life multiplanetary." Elon Musk

KanekoaTheGreat

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🚨 $PLTR cofounder Peter Thiel: Palantir was created for Elon Musk’s Department of Government Efficiency, if people at USAID should be charged with fraud, and how him and Karp got blocked at the NSA 👀🔮 “There are a lot of ways that something like Palantir ends up being a constraint on government action. A lot of the abuses, the most extreme overreach happens in contexts where people thought there would be no accountability ever inside the government. “Something like the Guantanamo stuff in Bush 43— nobody knew what was going on. If nobody knows, it can go really crazy. Then of course, at some point, people know, and the inmates take over the asylum. “There probably were a lot of deep state excesses that happen where, if Palantir had been used, there would have been more of a record of what people were doing. The NSA has not worked with Palantir. There’s all these different suspicions… Ifyou had this outside software system where you actually tracked how often this stuff was used, there would’ve been much more risk this stuff would’ve gotten exposed, there would have been a track record… “We somehow got blocked at NSA very early on. The explanation Alex [Karp] and I are sympathetic to was, the people at NSA believed that whatever power the software gave them, it also limited their power, because there would be more accountability. “At some point, you have a line item track record, where you know exactly where the money is going. “Something like this is what Oliver North was charged with in the 1980s, that he engaged in fraud because he had mischaracterized various payments. If we want to be aggressive, so many of the people working at USAID could be charged with fraud like Oliver North was charged with fraud. Via The Rubin Report Peter Thiel

Jawwwn

107,196 просмотров • 1 год назад

ELON: PATENTS BENEFIT LAWYERS, NOT COMPANIES “I don't like patents, personally. When I was first starting out developing technology, I got lots of patents, and I thought this was a good thing. And then I discovered that a patent was really like buying a lottery ticket to a lawsuit. I'd rather not buy those tickets. You look at the battle between Apple and Samsung, who's really winning there? The lawyers are winning, but neither of those two companies is. And in the case of Tesla, would Tesla ever sue some other car company if they were using our patents to try to make them stop making electric cars? We would never do such a thing, so why pretend that we would?” Source: ONS Conference, August 2014
0:44

ELON: PATENTS BENEFIT LAWYERS, NOT COMPANIES “I don't like patents, personally. When I was first starting out developing technology, I got lots of patents, and I thought this was a good thing. And then I discovered that a patent was really like buying a lottery ticket to a lawsuit. I'd rather not buy those tickets. You look at the battle between Apple and Samsung, who's really winning there? The lawyers are winning, but neither of those two companies is. And in the case of Tesla, would Tesla ever sue some other car company if they were using our patents to try to make them stop making electric cars? We would never do such a thing, so why pretend that we would?” Source: ONS Conference, August 2014

Mario Nawfal

871,791 просмотров • 1 год назад