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
Rational Optimism Is the Way Out
In general, professions in which you get your feedback from other members of that profession tend to get corrupted. When you see a journalist writing articles to impress other journalists, or a restauranteur running a restaurant that’s designed to impress…
Ocean acidification | Biodiversity and human impacts | High school biology | Khan Academy
In this video, we’re going to talk a little bit about ocean acidification. As we’ll see, it’s all related to increased carbon dioxide concentrations in the atmosphere. We have talked about this in other videos, but we can see if we look at carbon dioxide …
2015 AP Calculus BC 5d | AP Calculus BC solved exams | AP Calculus BC | Khan Academy
Let k equals 6, so that f of x is equal to 1 over x squared minus 6x. Find the partial fraction decomposition for the function f, find the integral of f of x dx. And so, let’s first think about the partial fraction decomposition for the function f. So, f…
Chamath Palihapitiya: The #1 Secret to Becoming Rich
Slow and steady against hard problems. Start by turning off your social apps and giving your brain a break because then you will at least be a little bit more motivated to not be motivated by what everybody else [__] thinks about you. I saw some of the v…
BlackRock: the Company That Controls* the World's Governments
You wake up to the sound of the alarm on your iPhone, and annoyed that you couldn’t get more sleep, you grudgingly unlock your phone to see what’s going on in the world. There’s an email from Amazon telling you that your package has been delivered, so you…
How covid impacted private aviation! Part-2
They started seeing I need that airplane. Whether it’s health reasons, flexibility, they’re not going to those airports, timing, security, whatever the reason is. Some actually came and bought airplanes. There’s absolutely no question that there’s a stic…