Obsessive Focus
Buchheit: The common denominator for founders of hundred-billion-dollar companies — there's this obsessive focus. There's almost an irrationality in some of these founders.
The example that comes up as the most insane version is probably Elon Musk.
There's almost an irrationality in the founders who build hundred-billion-dollar companies.
Three Rockets and No Backup Plan
Buchheit: Elon came into Google, gave a tech talk — I want to say 2003. After he'd started SpaceX but before the first rocket launch. Someone asked — what are you going to do if the rocket explodes?
He's like — well, I have enough money for three launches. So I hope one of them succeeds. He literally plowed his entire fortune.
I have enough money for three launches. I hope one of them succeeds. He plowed his entire fortune.
The First Three Blew Up
Buchheit: The first three did blow up. They managed to scrape together enough money for a fourth rocket. But if that fourth rocket hadn't gone, there would be no SpaceX and Elon would be bankrupt.
That is insane. I would not take all of my money and plow it into some harebrained rocket scheme. That's a level of irrationality that is — I think — wonderful.
If the fourth rocket hadn't worked — no SpaceX, Elon bankrupt. That level of irrationality is wonderful.