this post was submitted on 25 Jul 2023
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An estimated $4 to $20 billion in value, what is he thinking?

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[–] Stoneykins@lemmy.one 25 points 1 year ago (1 children)

The most convincing argument that elon does a lot of cocaine is just listening to him speak in a less formal interview.

BUT! I don't think he used to be actually smart, just lucky. Too many people assume "succesful" people had to have done something exceptional to earn it, but 99% of extremely wealthy people acquired that extreme wealth through a simple combination of luck and startup capital (which of course they have because they are lucky).

[–] fonix232@kbin.social 24 points 1 year ago (1 children)

Over half of his enterprises have folded. Including companies that he bought up.

He's an idea guy and that's it. And even that is more credit than what's due - he's got superficial ideas at best.

The one thing that sets him apart from the average Joe with a failed business is that he's got the capital to try over and over again.

[–] MammyWhammy@lemmy.ml 8 points 1 year ago

Exactly! He was great at getting press and selling big ideas. He never made his ideas happen, other people did that.

Now with Twitter he's trying to sell an idea no one cares about. No one was clamouring for the next social media platform.

And no one is looking for an 'everything app' either.