> They merged with Confinity who'd already built PayPal, had a working prototype, etc.
Interesting, need to read about it. So similar story as with Tesla? Existing opinion nicely confirmed.
Interesting, need to read about it. So similar story as with Tesla? Existing opinion nicely confirmed.
Among other things it happens to spotlight Musk's fascination with having "X" as the company name, especially for a bank.
Elon seems to need to finish a vision he didn't get a chance to finish back then.
Peter Thiel, Max Levchin, Luke Nosek, Reid Hoffman, David Sacks, Ken Howery, Jeremy Stoppelman, Russel Simmons.
Elon was removed as CEO in 2000, but he remained the largest individual shareholder when PayPal went public.
How is that similar?
Tesla was 2 dudes and an office with no IP and no product when Musk became the lead investor and chairman of the board.
Whereas when Cofinity and X.com merged it was as two functioning companies operating in the same market.
What similarity do you see?