How involved was he in the making of any company he’s ‘involvwd’ in?
As a general rule, not very. Musk doesn’t create shit, he buys shit then profits off of other people’s work
Comment on X Payments delayed after Musk’s X weirdly withdrew application for NY license
FireWire400@lemmy.world 4 weeks ago
How involved in the making of PayPal was he anyway?
How involved was he in the making of any company he’s ‘involvwd’ in?
As a general rule, not very. Musk doesn’t create shit, he buys shit then profits off of other people’s work
He was a part of the story. The book The Founders goes into the beginnings of PayPal, Ebay, the other players, Elon being brought in, and Elon’s origins. A good read and it’s not all about Musk.
fluxion@lemmy.world 4 weeks ago
PayPal was a service provided by a different company founded by Peter Thiel and others.
Musk didn’t really have anything to do with it. He, with others, founded X.com, that was meant to be an online banking system, and sort of became a competitor to PayPal.
Eventually they merged and Musk because CEO and highest shareholder. 6 months later the board of directors replaced him with Thiel while he was out if the country, but Musk still made a fortune with his shares.