Comment by WalterBright

Comment by WalterBright 3 days ago

Feel free to read a biography of him.

> Musk was not going to be homeless if he failed.

Right. He'd just get a job and rent an apartment.

I had a friend who started company after company starting in high school. Some were more successful than others, but he never lost his enthusiasm for the next company. The last time I saw him, he was living out of a trailer because he put everything he had into his next company. (Sadly, he passed a few years ago from an accident.) He left behind a large wake, and his memorial service was packed.

(He grew up in poverty.)

omnicognate 3 days ago

I'm not sure what point is being made here. AIUI, Musk comes from a wealthy family. Are you saying a biography would say otherwise?

I think the point people are making about the low wage jobs is that it's irrelevant. People from wealthy backgrounds take low paid jobs sometimes, so having done so doesn't imply he's a rags-to-riches story.

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WalterBright 3 days ago

I'm saying Musk's company was not founded on family wealth. Even if it was, where are all the other trillion dollar companies given that lots of families have wealth?
> People from wealthy backgrounds take low paid jobs sometimes, so having done so doesn't imply he's a rags-to-riches story.
It does in Musk's case. Why not read a biography of him? It's more interesting than speculation.

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- omnicognate 2 days ago
  
  Nobody said his company was "founded on family wealth". They said he had that wealth available as a cushion to fall back on should his ventures fail. They also never said "every person from a rich family can make a trillion dollar business". They claimed that those who found successful businesses are disproportionately from wealthy backgrounds, and provided a supposed mechanism: a greater ability or willingness to take financial risks knowing there is a limit to how far they can fall if they don't pan out.
  Personally, I don't have any view on whether that is correct or not but it's obviously the claim that was made. It seems plausible but I'd want to see some actual data to believe it, not just anecdotes about a few of the most famous founders. Your points about low wage jobs and other trillion dollar companies are simply not relevant to it, and if biographies of Elon Musk contain information that would refute it you haven't said what or how.
  Knowing you are an extremely accomplished man and fully capable of parsing this, I have to wonder why you seem blind to it.
  
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forgotoldacc 3 days ago

> Right. He'd just get a job and rent an apartment.

I'm not sure if you're suggesting homeless people are homeless simply because they refuse to go out and get a job and an apartment. But as someone who's been homeless and someone who's a friend of people who've been homeless, a very large number of homeless people bust their asses at work. Things beyond their control go wrong and they have no social safety net to fall back on.

Elon Musk could've vacationed barefoot in Southeast Asia for 5 years and still returned to be given some executive job offer, just as many other children of rich kids do. Most people don't have that level of good fortune.

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WalterBright 3 days ago

> Elon Musk could've vacationed barefoot in Southeast Asia for 5 years and still returned to be given some executive job offer, just as many other children of rich kids do.
Except that is not what happened. He started doing menial jobs in Canada. He was never given some executive job offer.

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- forgotoldacc 3 days ago
  
  You can do any job you want and take any sort of risk when you have a rich family. It's not exactly unusual for rich kids to do menial jobs to "build character" or get some experience before rocketing off to some other venture, knowing they have essentially unlimited money behind them to absorb any mistakes they might make.
  
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