Back in the aboriginal canicule of PayPal, an online payments company, the CEO i.e. Elon Musk, went on a cruise to accession investments.
According to Musk, it was a cruise to not alone accession finances, but to additionally assuredly go on amusement with his wife at the time.
Musk was agape aback he came aback from the cruise 2 weeks later, to acquisition out that his business ally at PayPal had absitively to aish him from the CEO position and accord it to, none added than Peter Thiel.
Musk said in an interview:
When asked added about how he acquainted about this betrayal, Musk said:
As we now all know, the blow is history.
PayPal angry out to be massively acknowledged and was awash in 2002 to eBay for $1.5 Billion.
Musk and Thiel went on to be business ally and life-long friends.
Even afterwards PayPal ended, Thiel invested in Musk’s anew formed companies, ‘Tesla’ and ‘SpaceX’.
Musk absitively to absorb his pride and assurance the accommodation of his partners, alike though, for him it meant dispatch bottomward as the CEO and lose the ability to accomplish analytical decisions for the company.
No admiration Elon Musk is one of the greatest and best acknowledged administrator that anytime lived.
He knows how to appropriately advance relationships with the bodies that absolutely amount and aloft all, he knows how to account their opinions.
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