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Sajin

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Foundation • 8m

Elon Musk has 13% shares in Tesla, 42% in SpaceX, 79% in X and major shareholder in Neuralink and Boring Company. He is also CEO of these companies. In my previous post I said corporates dont feel startups are a threat because of uncertainty. Here are few examples with Elon Musk's startups. Example 1: SpaceX. NASA didnt believe in vertical landing reusable rockets until he made it Example 2: Tesla. Automobile companies didnt believe rechargeable electric car at home run on high powered battery will work until he made it happen Example 3: X. Meta didnt believe users will pay for social media, until Elon did it Example 4: OpenAI: Google didn't believe in Elon's OpenAI until ChatGPT achieved AI capabilities, and Google joined the race Example 5: Neuralink: Nobody believed in Brain Machine Interface changing way of life except in theories, until he achieved success in it Uncertainty and speed are key to startup's success. Are there any more examples of other startups? 👇🏻

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Sajin

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Foundation • 8m

Corporates take big risks and have money. Then why startups exist? 1. Corporates hate UNCERTAINTY: They take risk by building scenarios & models, so avoids whats uncertain 2. Less data: Before AirBnB they cudnt model market size of ppl renting beds

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