yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Paul Buchheit: What are some things successful founders have in common?


less than 1m read
·Nov 3, 2024

So this was actually where the focused frugality obsession and love thing came from. I was actually trying to distill it down into a small enough number of words, and then I was going to try to translate it into emoji, but I failed at that part. I couldn't figure out the emoji for obsession; like love, I'm like okay, a heart.

But there is, I think, like this obsessive focus. There's almost an irrationality in some of these founders. The example that comes up as like the most insane version of it is probably like Elon Musk.

So I actually, he came into Google, gave like a Tech Talk, I want to say 2003 or something like that. And it was after he had started SpaceX, but before they had done the first rocket launch. Someone is like, what are you gonna do if the rocket explodes when you launch it? He's like, well, I have enough money for three launches, so I hope one of them succeeds.

Like he literally plowed his entire fortune; the first three blew up. I think, yeah, the first three did blow up. He managed to scrape together enough money for like a fourth rocket, but that fourth rocket hadn't gone, there would be no SpaceX, and Elon would be bankrupt.

Right? Like that's insane. I would not take all of my money and plow it into like some harebrained rocket scheme. Right? Like that's like a level of irrationality that is, I think, like wonderful.

More Articles

View All
TIL: Hummingbirds Are the World's Hungriest Birds | Today I Learned
If you were to use energy as quickly as a hummingbird, you’d have to eat a fridge full of food or about 300 hamburgers every day in order to survive. They use energy so quickly as they fly, so, so fast. A lot of the flowers they feed on are really delicat…
Zero Interest Rate Policy: Handled incorrectly, too much money can be poison.
It turns out that if money was the only variable to making your company work, then startups wouldn’t work, because all the incumbents have way more money. It’s true, Apple has a lot of money—like all the money, all the money effectively, right? Two, um, …
How to sell a private jet!
If you could just give me an idea of, uh, you know what sort of asking price you guys are looking for it. I think on that aircraft is somewhere around 13, uh, 13, 13 and a half, something like that. Is that in the price range you’re talking about, you’re …
Fundraising Fundamentals By Geoff Ralston
We’re gonna have two lectures on fundraising: the this one, which is going to be a high-level overview, which I’ll do, and then next week my partner Kirsty will do a deep dive into the mechanics of fundraising, which are really fun, so you wouldn’t want t…
Unicorn FARTS on Your LIPS ?? -- LÜT #23
A telephoto lens with the tripod for your iPhone and soap shaped like a piece of poop. It’s episode 23 of LÜT. Wake up in your warm Nintendo knee-high socks and put on your fancy superhero bow-tie, along with these sunglasses from Spencer’s with a neat ha…
How to Get Sh*t Done with ADHD (even without meds)
If you got ADHD, you already know that mainstream advice like “just try harder” is pretty much useless. Honestly, not everyone understands what it’s like. Maybe you don’t have meds, or your family doesn’t even believe in ADHD and just thinks you are lazy.…