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Tech Thread

Elon has been trying to white wash it for a number of years now, but here's a direct quote of his from a Forbes article that Forbes mysteriously no longer hosts.



They've tried to recast his father as a moderately successful South African engineer but there's just so many of these stories about private planes and weekend runs to Hong Kong and shit. Nobody ever denies that Errol owned at least part of an emerald mine, but they work really hard to make it appear like the emerald mine didn't make money despite the fact that by all appearances, Elon lived in a neighbourhood that they now try to describe as "upper middle class" but a quick pass through google maps shows to be quite upscale and bordering to the country club. I live in what a lot of people would call an upper middle class neighbhourhood (2500-4000sq ft subdivision houses, environmental protection zones, nice schools, etc, etc)...and this aint' that. That is a gated community with moderate to nice estate homes.

So how does a guy like that get so far? Come from a rich family, get pushed in the right direction for his skillset (he was a coder) at the right time (birth of the internet age), meet the right people and have the money to be able to take advantage of it (didn't need to be employed to eat like most of us) and just ride his connections upward.

The story of Elon isn't the usual "idiot with an inheritance" failing upwards story. He actually did have to make a fair bit of that happen. It took a fair bit of good timing and hard work (as well as starting the game on 3rd base) to end in the position to build x.com and subsequently get put on Thiel's radar. But as I've mentioned a bunch of times over the last few years, despite trying to brand himself as a tech genius, he's a self promoter and a bullshit futurist first and foremost. He speaks just enough "tech" to excite the monied class and it's made him wildly, wildly wealthy.

coming from a rich family allows you take high leverage asymmetrical risks (win = $billions / lose = your pride takes a hit at family gatherings when you ask papa to help you get back on your feet)

Jeff Bezos quit a lucrative hedge fund gig to start Amazon. Pretty risky stuff, until you find out his parents had no problem investing $250K 30 yrs ago to fund their son's crazy dream.

 
Damn, that really sucks.

It can be an insanely valuable resource at times. Trade deadline day will be interesting.
 
In a different universe out there, you know Elon just bought a legendary pro sports team. That would be awesome.
 
Should have bought the Leafs. Would have already traded Matthews, Marner and Nylander for not being hardcore enough
 
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