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
How Caleb Hammer Met His Girlfriend
How did you meet your girlfriend? Fish shop. Fish shop? Yeah, she was shopping for some shrimp. I was there looking for some puffer fish. She was very attractive, and I went up to her. I was like, “I like your glasses. Can I have your number?” You wen…
Selling corporate jets isn't easy!
How long can that process take? Days, weeks; sometimes you’re working on a transaction for a year or two. Sometimes it’s a month, still right up to the line. I’ve had a transaction where we’ve signed the contract, they put up a deposit, and we’re going t…
Frankish women in the Carolingian Dynasty primary source | World History | Khan Academy
In this video, I want to talk about the lives of Frankish women who lived during the Carolingian Dynasty in the 8th and 9th century. So you can see here in blue the Carolingian Dynasty, and the Carolingian Dynasty ruled over much of the former territory o…
Marginal revenue and marginal cost in imperfect competition | APⓇ Microeconomics | Khan Academy
In this video, we’re going to think about marginal revenue and marginal cost for a firm in an imperfectly competitive market. But before we do that, I just want to be able to review and compare to what we already know about a firm in a perfectly competiti…
For Syrian Refugees, He Is a Friendly Face in a Strange New Land | Short Film Showcase
I think that facing death changes people, which is what happened with me. Before this experience, I was a completely different person with a completely different dream. My last dream, which was to treat cancer, and right now my dream of changing the world…
The Fourteenth Amendment and equal protection | US government and civics | Khan Academy
Many parts of the United States Constitution deal with rights of an individual, and many amendments talk about protecting or expanding the rights of an individual. But the 14th Amendment is perhaps one of the most important amendments in this discussion o…