News for hackers. Stuff that matters.
Re:What's going on with Google robotics? by darkmighty on Tuesday November 10, 2015 @03:43PM (#10542334)
I think Elon Musk is an example of the opposite -- he actually put himself in threat of poverty because he wanted to innovate.
Re:What's going on with Google robotics? by argonaut on Wednesday November 11, 2015 @12:11AM (#10544937)
Let's not kid ourselves. He was not actually under threat of poverty, just under the threat of losing all his assets. Worst case, he loses his cash and gasp goes to work for someone else, probably for a really high salary (maybe one of the VCs he made rich when he sold PayPal).
Re:What's going on with Google robotics? by trevyn on Tuesday November 10, 2015 @09:00PM (#10544311)
Do you have a specific source for "threat of poverty in order to innovate", or are you just referring to his large investments in his companies?
Re:What's going on with Google robotics? by jdross on Tuesday November 10, 2015 @09:16PM (#10544370)
“About four months ago, I ran out of cash,” Elon Musk, 2010

http://dealbook.nytimes.com/2010/06/22/sorkin-elon-musk-of-p...

There are many other sources, and later interviews where he discusses this time of his life.

Re:What's going on with Google robotics? by trevyn on Tuesday November 10, 2015 @09:44PM (#10544488)
Interesting, but this is a period where he merely had a liquidity problem, not a lack of assets.
Re:What's going on with Google robotics? by frisco on Tuesday November 10, 2015 @10:11PM (#10544598)
At the time, those were very questionable assets. We don't remember how close both Tesla and SpaceX came to failing. Had those not worked out, Elon really would have lost all his money.