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
This Is Only Red
Happy New Year, Vsauce! Michael here. And in honor of 2013, let’s discuss 13 things. To begin, where to spend all that cash you picked up over the holidays? Now, plenty of websites sell cool stuff. United Nuclear sells Aerogel, radioactive isotopes, jet …
'Zombie' Parasite Cordyceps Fungus Takes Over Insects Through Mind Control | National Geographic
Fungi and slime molds race to decompose dead matter on the forest floor. Many spread by releasing spores up to thirty thousand a second. (scary music) If just one of these spores lands in the right place, and takes root, it can colonize a whole new area.…
Kieran Snyder of Textio at the Seattle Female Founders Conference
To our next speaker, Sharon Schneider, who is the founder and CEO of Textio. Oh, so I actually started hearing about Textio last year from a number of YC alumni who used and loved Textio. They use Textio to analyze their job postings. So, Textio is used …
Scarcity of resources
All of economics is based on this notion of scarcity of resources. What does scarcity mean? Well, in an everyday context, it means that there’s not as much of something, say a resource, as people may need, or there’s not an unlimited amount of something. …
BONUS VIDEO | Origin of the Mutant Plural | Grammar | Khan Academy
Hello grammarians! I wanted to talk to you again about mutant plurals. So, to review, a mutant plural is… there are only seven of them in English, and they all change sound when they pluralize. You don’t add an “s,” you don’t add an “en,” you don’t change…
Welcome to high school biology | High school biology | Khan Academy
It’s very easy to take for granted some of the very amazing things that surround us. In particular, the notion of life on a day-to-day basis — we’re used to it. We are living things; we see living things all around us, and we get preoccupied with other th…