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
Thomson's Plum Pudding Model of the Atom
So the word atom means uncuttable, so the Greeks were thinking of it as a tiny hard sphere. Phil: That’s right. Derek: And even up until the eighteen hundreds, that was the idea of an atom, the smallest piece of matter, a tiny hard sphere. But then we f…
Why I don't spend money.
What’s up you guys? It’s Graham here. So, for those of you that have watched the channel for a while, or for those of you that know me in person, you know that I’m pretty frugal. Honestly, that might even be pretty generous to say—how about extremely thri…
How Were the Pyramids Built?
Okay, so we’re going for a ride around the pyramids. The Great Pyramid was the tallest man-made structure for nearly 4,000 years, only surpassed by a large margin by the Eiffel Tower in 1889, 147 m high. You are interested in climbing? Yeah, it’s climbing…
Why Elephants May Go Extinct in Your Lifetime | National Geographic
Elephants are in trouble. We lose about 100 elephants every day, some 30,000 elephants each year to poaching. There are still stores around the world that are selling ivory trinkets. We are looking at the extinction of a species simply because we have the…
Elon Musk's Video Game Recommendations
I’m looking for a new video game to play. Can you give me a recommendation? Overwatch. I play Overwatch. Yeah, anything else? Um, Overwatch is amazing. Overwatch is amazing. Yeah, generally Blizzard is great stuff. Um, well, there’s Hearthstone. I…
Safari Live - Day 110 | National Geographic
Generally, with me today is Ferg, and we are fighting and braving the African weather just to be able to go and find some animals. Now, if you’ve got any comments or any questions, please send them through using the hashtags #bylab or use the YouTube chat…