526
Elon Musk vows ‘thermonuclear lawsuit’ as advertisers flee X over antisemitism
(www.independent.co.uk)
this post was submitted on 19 Nov 2023
526 points (81.8% liked)
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Does it? I expected better of Wikipedia, so I checked, and both Musk's page and Tesla's avoid simply listing him as a founder by explaining the situation, i.e., that he was an early investor. Even the sidebar for Tesla, Inc. just links to a subsection rather than listing names.
Just a note to add, addressing a related talking point that inevitably comes up:
It's a very common piece of misinformation that he was determined to be a founder in a court of law. That never happened. It was part of an agreement to avoid a lawsuit. It's a lie that the relevant parties could all live with as part of a larger settlement.
I like to ask Musk apologists, "Do you need to found a company to be that company's founder, yes or no?" If they waffle or say "no," there's no point continuing in good faith, because they're not serious people. It's not hard to say "Okay, that's a bit of a fib, he should be called an honorary founder, but blah blah blah..." But if they can't even do that, then they aren't operating based on reality.
I will respond to this by asking "is registering the name of a company the only thing that counts when founding a company?"
Because that's what the original founders did. They registered the name. No patents, no designs, no engineering, no staff. They registered the name, then went searching for VC money.
That's a terrible argument. As if the idea and pitch aren't relevant in any way. For a preschool example of this, check out Shark Tank. You might have heard of it?
No, it's not a terrible argument. Anyone can have a pitch or idea. That does not mean it's automatically a viable product/service or a viable business.
It's a valid question, how do we define "founder"? To play devil's advocate, I'm curious if the people who think Musk didn't co-found Tesla also agree Aaron Schwartz didn't co-found Reddit. He joined later, after reddit was already incorporated by Hoffman and Ohanian.
In business, "founder" is already an honorary title. It has no inherent power. Co-founders often ensure they get C-suite positions as a company grows, have stock/shares, or other legal powers, but none of those are guaranteed just by being a "founder". So practically, there's no difference between calling Musk a "co-founder" versus "honorary co-founder." Let's just focus on calling him a piece of shit for the very definitive and obvious things we can point to.
If the pitch is made and a VC opts in but doesn't negotiate a title, then they aren't privvy to the title of co-founder only after the concept is proven sound. Either you're a founder or you're not.
*edit to add visual