… He’s more en­tre­pre­neur than CEO

Popular Mechanics (South Africa) - - In Defence Of Elon Musk -

Alan Kay, an early orig­i­na­tor of the per­sonal com­puter, once said, ‘The best way to pre­dict the fu­ture is to in­vent it.’ While oth­ers talk about what some­one else might cre­ate, Musk goes out and does it. As a true en­tre­pre­neur, he puts his own money on the line. He is al­ways all-in.

When you in­vest in a com­pany run by an en­tre­pre­neur like Elon, you are in­vest­ing in the mind­set and ap­proach that an en­tre­pre­neur brings to the ta­ble as much as you are valu­ing the net present value of fu­ture cash flows. That is not typ­i­cal for pub­lic com­pa­nies that are over­whelm­ingly run by hired CEOS.

My ad­vice for Elon is sim­ple: Be your­self. Be true to your mis­sion. Re­spect your in­vestors. Ig­nore your crit­ics.

– Mark Cuban

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