I am not a hedge fund investor, but was an early-ish Tesla investor. I agree with the thesis. It is also why I have SpaceX equity exposure. The people who are at these orgs are driven by the mission and at the top of their game, which leads to rapid and substantial value creation.

That is not to say there aren't some diamonds at second class orgs, but they are not empowered by the org; on the contrary, the org holds them back, leading to either value destruction or an anemic value creation trajectory as a whole.