Quote:
Originally Posted by Alon
People in the US have this fetish for listening to entrepreneurs. The idea being that if someone is tagged as an entrepreneur then his ideas are automatically worth listening to. It's frustrating. Madrid builds subways for about one fortieth the cost American cities build them for, and the CEO of Madrid Metro even talks about the way they did procurement to ensure low costs, and it gets ignored in the American media. But someone with zero experience in the subject bloviates about a technology that doesn't exist and doesn't even come close to existing and he's suddenly a great entrepreneur who probably employs people who understand.
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he is not "any" entrepreneur.
PayPal is as far as I know leader in internet monetary transactions. (at least for small volumes at a time)
you talk about cost reduction but thats EXACTLY what Elon is doing at SpaceX, the way NOBODY HAS DONE BEFORE, in 50 years of manned space flight!
and btw, I am not someone "in the US".