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YC
Elon Musk On How To Be Most Useful
@ Y Combinator
01/10/17
Takeaways
EM
Elon Musk
01/10/17
@ Y Combinator
To determine how to be most useful, consider the utility delta of your idea compared to the current state and how many people it will affect.
EM
Elon Musk
01/10/17
@ Y Combinator
It's beneficial to create something that makes a significant difference for a small to moderate number of people, or something that makes a small difference but impacts a vast number of people.
EM
Elon Musk
01/10/17
@ Y Combinator
When estimating the probability of success, focus on how useful your idea will be and the area under the curve it represents.
EM
Elon Musk
01/10/17
@ Y Combinator
Starting a company can seem insane if the goal is to achieve the best risk-adjusted return, but that wasn't my objective when I founded SpaceX.