Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by throw310822 on Friday May 12, 2023 @01:51PM
(#35919589)
The funny thing about it is that, even if the emerald mine had been real, it would explain maybe 1/10000 of Musk's wealth. If those who talk about the "emerald mine" had managed to multiply the wealth of their family by 10000 they would consider it an incredible success.
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Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by runesofdoom on Friday May 12, 2023 @02:00PM
(#35919711)
It's a lot easier to gamble with your future when failure means a comfortable life of freedom, than when it means poverty and destitution.
Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by mrguyorama on Friday May 12, 2023 @02:12PM
(#35919935)
It's also significantly easier to turn $100k into infinite money in the dot com boom
Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by fakedang on Friday May 12, 2023 @02:17PM
(#35920034)
Time value of money is a thing, you know?
Back in those days, emerald mines were literally the equivalent of present-day tech IPO money. And if you read his biography by Ashlee Vance, you'll find out how the family would take vacations and travel to places by private plane.