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Throwback to when 28-year-old Elon Musk cashed out Zip2 and immediately bought a McLaren F1 (one of only 62 in existence)

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Astro Greek

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166,420 просмотров • 4 месяцев назад •via X (Twitter)

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Elon musk taking shipment of his $1m McLaren in 1999 after selling his first company zip2 for $307m.
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Did you know? In 1999, after selling his first major company, Zip2 to Compaq Computers for $305 million, of which he netted $22 million, Elon Musk bought a $1 million McLaren F1. CNN was actually at his home when the car was delivered. About a year later, Musk and Peter Thiel almost died in the same car after Thiel asked Musk “what can this thing do?” Responding to Thiel, Musk floored the gas pedal, causing the rear axle to break and the car to spin out of control and go airborne. Musk's lack of risk aversion so far has benefitted himself and humanity. How much more innovation do you think we will see from Musk in the future?
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Did you know? In 1999, after selling his first major company, Zip2 to Compaq Computers for $305 million, of which he netted $22 million, Elon Musk bought a $1 million McLaren F1. CNN was actually at his home when the car was delivered. About a year later, Musk and Peter Thiel almost died in the same car after Thiel asked Musk “what can this thing do?” Responding to Thiel, Musk floored the gas pedal, causing the rear axle to break and the car to spin out of control and go airborne. Musk's lack of risk aversion so far has benefitted himself and humanity. How much more innovation do you think we will see from Musk in the future?

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In November 1998, CBS Sunday Morning aired an interview with 27-year-old Elon Musk. Correspondent Rita Braver spoke to him about Zip2, the startup he co-founded with his brother Kimbal in 1995. The company developed online city guides and digital maps to help newspapers publish business directories and local information on the internet. Just a few months later, in February 1999, computer manufacturer Compaq bought Zip2 for $307 million in cash (plus stock options), one of the largest deals for an internet company at the time. Elon Musk received about $22 million from the sale.
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In November 1998, CBS Sunday Morning aired an interview with 27-year-old Elon Musk. Correspondent Rita Braver spoke to him about Zip2, the startup he co-founded with his brother Kimbal in 1995. The company developed online city guides and digital maps to help newspapers publish business directories and local information on the internet. Just a few months later, in February 1999, computer manufacturer Compaq bought Zip2 for $307 million in cash (plus stock options), one of the largest deals for an internet company at the time. Elon Musk received about $22 million from the sale.

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MAYE MUSK: "I knew Elon Musk was a genius and he was a good person and he would want to do something good. At my 50th birthday, Kimbal and Elon gave me a toy house and a toy car, saying, one day, we’re going to give you in real and later, they actually did, after Zip2 was sold."
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MAYE MUSK: "I knew Elon Musk was a genius and he was a good person and he would want to do something good. At my 50th birthday, Kimbal and Elon gave me a toy house and a toy car, saying, one day, we’re going to give you in real and later, they actually did, after Zip2 was sold."

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