Jason Badeaux

Based on actual quotes and comments from VCs and folks in the industry. Hindsight is 20/20 but if you’re an entrepreneur getting a lot of nos, you’re in good company.

The Tesla Model 3 is a car designed without the driver in mind. Intentionally. I don’t think Tesla did this simply to be edgy, dangerous or different. They did this to prepare people for a world without drivers.

Financial assets are promises to trade certain things in the future, if certain events happen in the world. The financial system is the market for promises.

We can pump out a number of other popular use cases, and for each one, I'll let you move the goal post to not include that particular project.

• Filecoin - A commodity market for storage that's currently 0.0011% the cost of S3.

Though it will require enormous upfront investment in the coming decade, laying a quilt of DERs over the nation’s distribution systems is the best thing we can possibly do to enable the rapid emission reductions we will need in the decade after.

Technology leadership is not defined by patents, which history has repeatedly shown to be small protection indeed against a determined competitor, but rather by the ability of a company to attract and motivate the world’s most talented engineers.

Few investors understand the enormous difficulty involved in switching from manufacturing ICE vehicles to EVs. Tesla has widely automated their vehicle manufacturing facilities, which has resulted in substantially higher operating profitability than its larger ICE vehicle competitors.