5min chapter

FYI - For Your Innovation cover image

Invisible Technologies with Francis Pedraza

FYI - For Your Innovation

CHAPTER

Are You a Ventral Capitalist or a Venture Capitalist?

Elon Musk: I don't think very much about cost of capital, but i do have vcs that are interested in besting. The model is really built around the ipo or the acquisition,. But we end it up going in a very, very different direction in our thinking. We're gong to provide liquidity to investors, particularly angel investors. A percentage of those bibacks will go directly to the employe stock option pool.

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