Strange Relationship Of Elon Musk

With Elon Musk, Peter Thiel is a colleague, investor and also an opponent for a while in 9:00 to 4: 24 Northern Southern Thien and Elon Musk domains always have many opposite points, but these 2 billionaires are Partner for nearly 20 years. The journey began when they combine Confinity and X online payment companies in 2000 to create Paypal. Since then, the net assets of both have increased significantly, in parallel with the ups and downs between the two most prominent youngest billionaires. In the new book The Contrarian: Peter Thien and Silicon Valley's Pursuit of Power (Translation: Peter Thien and Peter Thien and the Peter of Silicon Valley), author Max Chafkin has learned more about the complex history of two men in two opposite poles.Peter Thien and Elon Musk photographed general for an article about Paypal

. Photo: AP. Below are the information in the book, providing an overview of the long-term relationship but regularly Cracks of Elon Musk and Peter Thiel. Four competitors are the perennial colleagues , Basically, these two entrepreneurs are two opposite poles
Elon Musk is considered an extraordinary person, an eccentric, Peter Thiel who is known as a transcendent person. "Thien could be a heptilekeeper even with her close friends and musk There is no ability to control themselves. While Thien tends to think about limiting risks, Musk continues to go close to bankruptcy, "said Chafkin. Before meeting in Silicon Valley, two men with common points are in South Africa Time. Musk was born and grew up in South Africa until college, while Thiel's family was also in that country for several years when he was young. Initially, Musk plans to take a Ph. Ph. Ph. Ph. Ph
, but left to start ZIP2, an online version of the yellow page contacts book. The time, Thiel to study the law with the dream of being working in the Supreme Court. But in the end, he was from Rejecting after interviews with Judges Anthony Kennedy and Antonin Scalia.elon Musk is one of the most influential billionaires in the world. Photo: The Australian.Hai This billionaire, the founders of companies Competition in the field of Confinity and X payment, eventually becomes a partner when two companies merge because Thien "fear of losing the company". When Confinity lost significant losses in these n Initially established, Musk sought to intervene. Recognizing the competitor may agree with Yahoo, Musk convinced Thien to merge the two companies doing one. Initially, the company takes the name X.com, but a lot of people who want the name Paypal, are the most prominent product of Confinity earlier. Although Musk becomes CEO, Thien has sought to put loyal relatives ( The members of the group called "Paypal Mafia") in leadership positions. After Confinity and X merged, Musk and Thien have set up to a meeting with investors. On the trip, Musk hit the throttle, trying to show the car's ability to accelerate and eventually make both accidents. Thien was not happy and considered his business partner "reckless". "This experience makes Thiel trembling, then seeing Musk is a unknown person; Musk considered a money manager, mainly interested in technology as a means to benefit, "said the author Chafkin written in the book. Week for honeymoon holiday in September 2000, many high-level employees at X.com threatened to quit if the board did not accept to Thien to become CEO. The company has encountered many technical issues after merging, and Musk seems to be unable to overcome them. When Musk returned, the board decided to replace him with Thien. Nearly a year later, Thien changed its name to Paypal. Musk became Paypal's largest advisor and shareholder, and earned $ 180 million after tax when eBay acquired Paypal in 2002.Musk told Chafkin that he decided to forgive Thien. However, the billionaire also implied that he would not be able to fully trust this companion anymore. Not only colleagues, investors, Peter Thiel is an opposition to Elon Musk. Photo: CNBC.Where in 2020, Musk's Tesla Motors Electric Motor Company is worth more than 800 billion USD. However, when starting, this entrepreneur has struggled to make it a successful project. Go to the longtime friend Thiel, Musk does not receive any extra money from the refusal to invest. According to Musk, the reason Thien refused he did not believe in climate change, one of the main reasons to develop electric cars.Musk was not the one who liked to receive rejection, and he considered this thing to do bad Going to the tense relationship of the two sides. Although the relationship of both cracks after the overthrow at Paypal and the answer to invest in Tesla, Thien still supports Musk in another project. Reluctantly, this entrepreneur has also poured money into the SpaceX aerospace company in the first phase of establishment. His $ 20 million investment helps the company

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