Musk: announce a $1B commitment, not $100M
- From:
- Elon Musk
- Date:
- November 22, 2015 (Sent 7:48 PM)
- To:
- Greg Brockman (cc: Sam Altman)
- Subject:
- follow up from call
Blog sounds good, assuming adjustments for neutrality vs being YC-centric.
I'd favor positioning the blog to appeal a bit more to the general public -- there is a lot of value to having the public root for us to succeed -- and then having a longer, more detailed and inside-baseball version for recruiting, with a link to it at the end of the general public version.
We need to go with a much bigger number than $100M to avoid sounding hopeless relative to what Google or Facebook are spending. I think we should say that we are starting with a $1B funding commitment. This is real. I will cover whatever anyone else doesn't provide.
Template seems fine, apart from shifting to a vesting cash bonus as default, which can optionally be turned into YC or potentially SpaceX (need to understand how much this will be) stock.