“That does leave open the question of Musk, and the way he seemed to meme Tesla into existence, while building a rocket ship on the side…”
Meme Tesla into existence? He bought in to an already existing electric car company and then managed it very well in ways that had already been demonstrated by Apple. The idea that he ‘memed’ it into existence seems like utter gibberish.
The writer isn't disputing that Tesla didn't exist before, but just pointing out the fact that issuing shares actually lead to increased valuations. The argument that it has to do with the fact that Tesla turned into something more than "just" a car company.
Issuing shares often increases valuations, and Tesla is more than just a car company because they have invested in electric drivetrains, battery technology, and self-driving, as well as other product and manufacturing improvements.
Do they though? It depends on your definition of often I guess and it has definitely been happening more in recent years. I'm unable to find data, but in my experience I can only remember seeing this in sexy companies like Tesla where there are a lot of retail investors. It makes little sense that issuing a lot of new stock leads to a significantly higher market cap (unless there was uncertainty whether a company would be able to raise money at all).
I don't think "memed into existence" is gibberish; just hyperbole.
Also, aside from credit, it just makes it harder to research the history. I mean did someone else discover Maxwell’s equations, and Plank’s constant who we are overlooking?
Do we need to stop using the word algorithm, and replace it with say, “procedural recipe”?
Worth noting that around $3M a day of twitter’s losses exist only to pay the debt Elon himself took on. Why would Twitter employees be working to pay for Elon to be CEO rather than for their own lunches?
I had never thought that the "you can always fork it" as a way of shutting down discussion.
I maintain forks that are frequently rebased on main/master with a few users. I have even suggested this as an action to people who wanted different features that I was not capable of maintaining.
> I don't think it's reasonable to expect an open-source maintainer to create a better development experience for you than the one they use themselves.
This is clearly true. I didn’t read him as demanding that. I think his point is that the fact that something is FOSS doesn’t alone imply that anyone else can actually do anything with it, so people should either not make that claim, or acknowledge what else is needed.
Made fairly famous by Van Halen, who used it as both an album name and the name for his signature guitar amplifier (still in production, and very, very popular to this day).
Well let's certainly not investigate money flowing to one of the most corrupt countries in Europe through one of the biggest ponzi schemes we've had in years and just write it off as another conspiracy theory.
Oh, I don’t think it was! I meant my post to be read as ‘here’s the fact that’s being twisted to fit this narrative!’
I think we’re intended to assume that it never reached Ukraine, was embezzled by SBF, then donated to Democratic campaigns.
And, of course, we’re meant to misread ‘Ukraine’s Aid Money’ as being _all_ the money Ukraine received in aid from the US government, and then go on to believe that all the aid money the US was sending to Ukraine was being funnled to the Democratic Party. Two more obviously ridiculous leaps.
Meme Tesla into existence? He bought in to an already existing electric car company and then managed it very well in ways that had already been demonstrated by Apple. The idea that he ‘memed’ it into existence seems like utter gibberish.