My big miss: SpaceX 🚀

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Latest episode of 20VC out now with tech legend Reid Hoffman.

#20VC #harrystebbings #venturecapital #reidhoffman #linkedin #VCtok #VC #fundraising #Startup #spacex #elonmusk
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Moral of the story: If someone laughs in your face, don’t let that stop you.

stant
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The truth is: if you are outstanding, have an inmense will power and will keep on going… you will make it

sebastianmullerbalcazar
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I was about to give $ 50 million to Elon, but then he said, " just trust me bro" 😂😂😂

PseudoProphet
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That’s a terrible argument. If someone comes to me and tells me they want to put a turtle on mars then I’d also say they’re crazy. That’s actually a very reasonable stance

ptother
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Elon's pitchdeck actually had 4 slides:
1. Build rocket
2. Put turtle on Mars
3. ???
4. Profit

Martinit
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This is why Eon used first principles thinking he knew it was gonna work He knew it was profitable

missionpupa
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Steve job said : everything around you that you call life was made by the people who are not smarter than you.. And you can change it

anggaapriliansyah
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The idea Elon Musk mentions about humanity is really amazing and exceptionally "GOOD ONE"🤠😎💯

Sanskarpachhai
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Vision isnt included when investors see opportunities, they want to see the upside only with no work.

JamesT
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Starlink is SpaceX’s AWS, the rockets & engineering feats are amazing but the interlinked satellite system of Starlink is essentially the infrastructure of the future.

SamuelMunyeza
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Elon is not an idea person.
Elon is great at execution.
Success breeds success.

benbohannon
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He did the same with so many other field.
Web navigation map.
Online secured payment method.
Still moving the sclerotic automotive industry.

vermork
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You were focused on the turtle going to Mars and not the Technology used to get it there

normanbell
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“Because the technology has already been built” 🤔 in the case for Elon Musk The technology was not built yet so with that framework of thinking you would still miss out on investing in SpaceX. 😂

godismygeneral
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his explanation of this business structural is locked, and break need tons of bravery.

michaelzheng
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Good point. That's not a business

saswatsarangi
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When someone says pun intended I feel instantly slightly dumber

MrIlleism
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Great advice, the nti innovation oligarchy does exist and must be defeated.

UsMisguided
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Correction you just didn't know the gov would give billons to him

insethurdle
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Or did elon just ask to trust in him ?
Sometimes a person will ask you to "just trust me" .

CHMichael