Quote:
Originally Posted by PepsiFree
Theranos and FTX are good points because you have to start to ask yourself how razor thin the line is between “scam” and “success.” Does Elon seem any more intelligent, capable, or honest than Elizabeth Holmes of Theranos? I might be inclined to believe he’s less so, but he got lucky buying into things that (mostly) work and (mostly) don’t endanger people. He makes the same empty promises, massive mistakes, and misses deadlines all the same. Like Holmes, he has a severe knowledge/confidence imbalance.
I don’t think the distance between companies like Tesla and companies like Theranos are very far at all.
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They're not. What Elon did was fill a market at an opportune time and get some amazing deals at the time for it.
Being 'Captain Planet' was all the rage and he made deals with the US Government and foreign Rare Earth Element suppliers at an opportune moment.
Holmes was more of an idiot, she marketed an idea/product that simply was flat-out impossible.
In her case, "Who is the greater Fool? The Fool? Or the Fool who follows him?"
Who is the bigger idiot? Its hard to tell even though one is in jail and the other one isnt, yet...but Teslas arent saving the planet or anything either.