Why Larry Page said he’d leave his money to Elon Musk if he got hit by a bus
In this panel with Elon Musk, venture capitalist Steve Jurvetson tells a story of Google cofounder Larry Page saying he should leave all of his money to Elon Musk:
“I could give my money to a nonprofit and a lot less would get done than a corporation that’s pursuing things that are directly aligned with things I care about, like getting off of oil and colonizing other planets.”
Page believes in those missions and thinks that “a corporation endowed with the right to do that as its business purpose is the best vehicle out there.”
Jurvetson contrasts this with the approach of Bill Gates who spent the first half of his life building a gigantic for-profit company and the second half working with non-profits.
A “purpose-driven business” could offer the best of both worlds.
In fact, Jurvetson shares that the best-performing startups in his venture portfolio often have compelling missions. And it aligns well with Sam Altman’s advice that it’s easier to start a hard company than an easy company:
“The most precious commodity in the startup ecosystem right now is talented people, and for the most part, talented people want to work on something they find meaningful… An easy startup is a headwind; a hard startup is a tailwind. If people care about your success because you seem committed to doing something significant, it’s a background force helping you with hiring, advice, partnerships, fundraising, etc.”
Video source: @StanfordGSB (2013)
Excited to launch my latest project GEM Global Mobility, an advisory firm specializing in investment migration.
We provide expedited residency start up visa programs with a pathway to citizenship in Portugal, Australia, Canada & U.S. Check out https://t.co/9E3Ox8jTWc
@clairvoyantrx is excited to have @QueensUHealth and @KingstonHSC as key clinical site partners for CLA-PSY-201. Clairvoyant's experienced clinical trial parter sites in Canada & the EU are screening & randomization AUD trial participants at a steady pace as planned. #psilocybin
@clairvoyantrx is keen to be adding additional clinical sites for CLA-PSY-201 as the collective team works to deliver a interim analysis read out later this year.
Deathbed Regret: Not leaving something that lasts beyond my life.
Your children and grandchildren will remember you, but your great-grandchildren probably won't.
Family memories only go so far.
I will strive to leave a mark on the lives of those less fortunate than I was.
On this #RemembranceDay I'll reflect on impactful life experiences with #veterans in UK, France, Turkey, Vietnam & of course Canada. Thank you to our veterans for sacrificing everything & to those in my life now still helping & supporting our vets @Veteranshouseca@finbarroreilly
BREAKING: The Pacheedaht, Ditidaht, & Huu-ay-aht First Nations have formally given notice to the @bcndp to defer #oldgrowth logging for two years in the #FairyCreek & Central #Walbran areas on while the nations prepare resource management plans. #bcpoli
https://t.co/dTLeL7TpYD
Good day @JustinTrudeau@CanadianPM. Do you think @perrybellegarde +++ may like to see a Reconciliation Day replace Victoria Day? "My people will sleep for 100 years, but when they awake, it will be the artists who give them their spirit back." Louis Riel July 4, 1885
TODAY🌿Book launch with Alexandra Morton, who has been called “the Jane Goodall of Canada” because of her passionate thirty-year fight to save British Columbia’s wild salmon.
🌿 6 pm PT. Purchase 'Not on My Watch' from @MassyBooks to attend https://t.co/9MhBPoN8oM
Congrats @blisscohealth (3rd owner in 8 years), mothership brand @7ACRESmj & parent @TheSupremeFIRE on the plans to join @CanopyGrowth. Legal cannabis is just getting going & excited to see where this trail goes & how brand promises are kept.
Hockey Hall of Famer & BC resident @ScottNiedermayer speaking up for #oldgrowth.
"With so little real old-growth remaining, you would think that B.C. would be protecting everything that’s left. You would be wrong.”
@bcndp@jjhorgan @KatrineConroy #BCpoli
https://t.co/fBeCy3u9NX