It’s easier to say “Go do what JK Rowling did” than to say “Go do what Elon did” lmao. I can write a fantasy series with $0. The same can’t be said necessarily for building companies.
There’s more involved to starting a company than money. Such as your network. Your support system. Even your race and geographic location could play a factor. Luck, etc.
“You go be a 7-ft basketball player if you think it’s so easy!!!”
The freeways around here are gridlocked with cars costing more than $28,000.
> Such as your network. Your support system. Even your race and geographic location could play a factor. Luck, etc.
Oh phooey. I started my company with nothing more than an IBM PC. Nobody knew my race or location - it was mail order. Want to network? Use the internet. The D development community is all over the world.
On HN I regularly see extreme negativity and often outright hostility to all the opportunities all around us. What I enjoy about Musk is he likes to do things everyone else says can't be done.
Yea, financed with debt over what is now typically 7-10 years. 28k of capital to invest is out of the reach of the majority of Americans. Please don't pretend that's a small amount of money anyone can come up with.
Somehow "most" morphed into "anyone".
BTW, if you can finance $28,000 over 7-10 years, you can buy a perfectly fine $3,000 car, save up what your payment would have been, and have those funds to invest.
My daily driver, for example, is 31 years old now, and is worth maybe $500. I invest the money I save (taxes, insurance, and repairs are pretty cheap for the thing, too).
My not-so-humble opinion is that if you have to finance a car, you should buy a cheaper used one you can pay cash for. Financing an expensive car is a great way to never have any spare funds available.