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This post is absolutely stupid, but keeps getting reposted because people have a hate boner for Elon Musk.
Tesla started in July 2003, Elon invested $6.5 Million in February 2004. That makes him a co-founder. Their first electric car was released in 2008 with Elon as CEO.(1)
You don't get a startup to the seventh most valuable company by being lazy or lucky.(2)
Wow, if only we had a name for someone that invests in a company after it is founded.
We do. Principal investors are often listed as cofounders in startups, if they take a significant role in company operations from early in the company lifespan
https://foundersnetwork.com/blog/founder-vs-cofounder/
Cofounder isn't a title. It's a role.
I know this gets in the way of easy dunking, but reality is often disappointing.
The status of “founder” or “co-founder” denotes a historical fact about who was responsible for creating the business. As such, these are permanent titles that can’t be revoked later on.
Titles. From your own article 😂
Yes and if you read the article, you learn why someone could be made co-founder by actually getting the business moving.
If I start a business today, I don't actually have to do anything except pay for a business license, and a co-founder could be the person who helps me get it off the ground.
This isn't some obscure "gotcha" thing. There's a reason he won his decision. Do you not realize you're literally arguing against reality?
It's weird as fuck because you could not manufacture a target as easy to make fun of as Musk, except possibly Trump himself. There's already plenty, so you don't need to make up new shit.
Everything the dude has done in like the last 5 years is just prime meme material, so idk why people keep reaching for this nonsensical shit.
Capital always pretends its role is innovative when it is just exploitative.
Every claim in this sentence is false.
Consider not using strong language like "always." A bank giving you a business loan does not claim to be innovative, and is not exploiting you.
You can stop telling people you don't know what you're talking about now, everyone gets the point.
Great job not responding to his points but instead needlessly taking jabs.
Wrestle with a pig and you just both end up covered in shit...
Mentioning a pig smells like shit as continue walking past, and you wont get any shit on you.
I'm one of few people that are both talking sense and bringing receipts.
Sorry the real world isn't the world crafted for you by memes.
The libs are mad, because they're confused, as usual, and don't know what community they're in.
I appreciate the information provided but It’s basically an honorary title that can be purchased. If you’re in the business world maybe that title holds some water but for common language purposes, people don’t consider a cofounder as someone who finances a company a year after it’s founded.
Ok but the Wikipedia for Tesla's history says that musk specifically did not take a role in company operations, he was just hypercritical of design.
So technically he shouldn't be a co founder, he didn't fill that role.
No, technically, he shouldn't be listed as COO, which he is not.
I'd recommend looking into the responsibilities of various senior leadership (SVP to C-suite). A CEO, for instance, is largely responsible for fundraising, strategic acquisition planning, and board/investor relations instead of operations (which is a COO's position).
Yes an investor. Yet, Elon became the largest shareholder when he did invest and actively helped in development/decision-making of the first car. Take off your shit tinted glasses for a second and be rational.
He became chairman in 2004 are you saying that's after Tesla was widely successful? When he won the Global Green for the roadster are you saying some random investor would get that?
Boots are for feet, not for licking.
I'm sorry I'm a rational person who doesn't feel the need to constantly mention the person I dislike.
You're obviously not rational because your entire comment was perpetuating lies in order to defend a billionaire.
Luck is absolutely a factor.
How so? Was it producing the first mainstream electric car? Was it because that car traveled 200+mi? Was it because they created one of the quickest cars in the world? Was it because they made a massive charging network?
Do help me.
Thank you for this post. Musk might be a piece of shit but you don't build/grow several game changing companies by 'just funding' while being incompetent.