Just the smell of it is an alarm bell that says, "something here is dangerous." But what if our noses have been wrong all along?
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A combined entity is an incredible concentration risk, where Tesla continues to build inside of China. If SpaceX and Tesla combined it would be in the area of a corporation with a market cap of around $3.5 Trillion dollars. To put things in perspective that's about equal to the GDP of France.
Michael Spencer
We do not see things as they are, we see them as we are. And what we are is largely what we have consented to become, through the daily, unremarked choices that accumulate into a character — and finally a fate.
Anaïs Nin — Seduction of the Minotaur
The best time to buy a house is always five years ago. The best time to start a company is always five years ago. The best time to invest is always five years ago. Waiting for certainty is just a sophisticated way of opting out.
Paul Graham — Y Combinator office hours transcript