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Quick takeaways
- Elon Musk beat Jeremy Patauer to acquire X.com for $10,000, a missed opportunity with potential value as a parent company for Musk's ventures.
- Jeremy Patauer had a successful career in the toy industry, working with companies like Mattel and Jack specific and leading his own successful toy company called Wicked Cool Toys.
Deep dives
Missed Opportunity: X.com
Jeremy Patauer had the chance to buy X.com for $10,000 but hesitated. Elon Musk beat him to it. Jeremy envisioned X.com as a potential parent company for all of Musk's ventures, similar to how Meta is the parent company to Facebook. However, Musk rebranded Twitter as X instead. Jeremy reflects on the missed opportunity and the potential value X.com could have had.
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Listen to the best highlights from the podcasts you love and dive into the full episode