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ContinuousZ t1_j4dr421 wrote

>Musk nor Trump have the business acumen of their father.

you think the richest man alive has worst business acumen than his father who went broke in the 90s?

>But when you’re born that rich, you tend to fall upwards I guess.

Elon was born in a wealthy family but not even close to ultra rich that he can fall upwards like trump.

"In 1995, Musk, his brother Kimbal, and Greg Kouri founded Zip2.[49][50] Errol Musk provided them with $28,000 in funding. Compaq acquired Zip2 for $307 million in cash in February 1999,[56][57] and Musk received $22 million for his 7-percent share."

28,000 is not that much, can easily find an investor to fill that. I know parents who buy their highschool kids $50,000 cars and that's not even an investment it's depreciating asset. If Elon musk's dad was ultra rich, Elon would have way more than 7 percent share. You only give up shares for investors or to compensate employees when you lack funding/cash which his dad couldn't provide because he wasn't ultra rich.

https://en.wikipedia.org/wiki/Elon_Musk#Zip2

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an-invisible-hand t1_j4ioa3k wrote

Tbh it depends on how little the father started with. 28k isn’t much but compared to starting from 0 it’s practically an infinity apart.

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