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
The Matapiiksi Interpretive Trail, Alberta - 360 | National Geographic
This UNESCO World Heritage Site is home to one of the most significant collections of Indigenous rock art in North America. So this is my first time hiking the Matapiiksi Trail, and it’s different from the trails I normally hike because it’s not mountaino…
Revolving vs installment credit | Loans and debt | Financial literacy | Khan Academy
So, let’s talk about two very broad categories of loans. One is installment loans, and one is revolving loans or revolving credit. If we’re talking about installment loans or installment credit, that’s a situation where you’re borrowing one usually large…
A Bad Situation | Badlands, Texas
Have a visit with this [Applause] fella 211, so I’m going to be out South 118. How you doing? Just ging away? Well, the reason why I stopped you, you’re speeding 85 in a 70. I just am so sorry. I was so sure when they came back with a not-guilty verdict,…
The #1 Investment of 2019
What’s up you guys? It’s Graham here. So, we’re gonna be going on a bit of a journey with this video, and going down the rabbit hole of investment theory. Because all of this was sparked by an article from CNBC discussing where these super-rich are invest…
Differentiating related functions intro | Advanced derivatives | AP Calculus AB | Khan Academy
We are told the differentiable functions x and y are related by the following equation: y is equal to the square root of x. It’s interesting, they’re telling us that they’re both differentiable functions. Even x is a function must be a function of somethi…
Jeff Bezos 1997 Interview
Rather, who are you? I’m Jeff Bezos. And what was your claim to fame? I am the founder of Amazon.com. Where did you get an idea for Amazon.com? Well, three years ago, I was in New York City working for a quantitative hedge fund when I came across the…