My Dad provided 10% of a ~$200k angel funding round much later, but by then risk was reduced & round would’ve happened anyway."
https://twitter.com/elonmusk/status/1211064937004589056
Also relevant in that thread:
"He didn’t own an emerald mine & I worked my way through college, ending up ~$100k in student debt. I couldn’t even afford a 2nd PC at Zip2, so programmed at night & website only worked during day. Where is this bs coming from?"
"This is a pretty awful lie. I left South Africa by myself when I was 17 with just a backpack & suitcase of books. Worked on my Mom’s cousin’s farm in Saskatchewan & a lumber mill in Vancouver. Went to Queens Univ with scholarship & debt, then same to UPenn/Wharton & Stanford."