I remember very clearly what everyone thought as it all happened in 2018. No one thought they could actually achieve all of the milestones. Everyone knows how much Musk overpromises. That they have is incredible and makes Musk totally deserving of the compensation.
In the case of compressed air, actual work is being done to make it... compressed air.
With water, it is still very very cheap relative to the value it provides. Why isn't water 20% of the GDP of the world? Isn't it that important? (https://alexdanco.com/2015/11/23/ways-to-think-about-water/, never read this essay btw, read several of Alex's other essays though. I'm assuming the essay talks about the importance of water)
Your first and second paragraphs are better arguments for subscriptions over one-time payment than they are for the existence of high profit margins despite software's cheapnes.
3rd paragraph. I'm not arguing against profits just, overly high ones in the face of cheap 'raw materials'.
4th and 5th. Questioning high profit margins in businesses (didn't realize eggs too had high margins tbh) and wondering if profits should be capped seem like obviously related things.
Solutions? In the case of SaaS:
— Product pricing starting high, but declining over time (yes, literally making laws that new software MUST be absurdly expensive at first).
Would mean:
(i) Fewer 100th x competitor software product since it's hard convincing people to part with say $100, you need to actually have a 10x solution.
(ii) Increased organic word of mouth growth, since users have an incentive (declining pricing) to increase total users.
Could you build in a feature to allow people download stuff instead of to local, but to G Drive/Dropbox into it? It's a way to permanently have stuff you like on your own drive. Personal web archiving too. There are these suite of tools around "personal information management" which need to be built.
RSS clients, read-later apps, and bookmark managers are all in the same category in my head. I have no idea why the companies who make the most successful app for one of them doesn't make apps for the others. It's exactly the same kind of person who needs all 3 apps.
Haha. This is one of the weirdest things people seem to believe on the internet, but is 100% going to be proven to be wrong. Incompetent governance and terrible culture >>> large populations of dynamic young people.
Why couldn't they issue as low as $10,000 of equity as crypto coins? How is the entire idea ever going to get tested in the real world when the company best positioned to do so lacks courage?
If they lack the balls to do this, why are they positioning themselves as being representative of ideas around decentralized tech? Doesn't that make them pansy little fraudulent boys only excited about number-go-up bullshit like NFTs that fleece the public?
Edited the question to include 'temporary'. You would pay them back in the future, after the company has recovered from the economic setback.
I'm asking the question in the context of the current downturn. Say the need to reduce burn were not a result of poor hiring decisions, but larger macro reasons like difficulty raising funding in the face of a general downturn.
i. Tesla’s Elon Musk May Have Boldest Pay Plan in Corporate History http://web.archive.org/web/20180208004856/https://www.nytime...
ii. Tesla’s Pay Deal to Keep Elon Musk: All or Nothing https://www.cnbc.com/2018/01/23/teslas-pay-deal-to-keep-elon...