Friday, August 14, 2015

Elon Musk, Talulah Riley

Larry Ellison on stage.
Larry Ellison on stage. (Photo credit: Wikipedia)
I have a theory or two about self made billionaires doing exciting work. If the work is exciting, they get interesting. The billions are just tools they need to do what they need to do. Plus, I guess you can buy things with the money.

Elon Musk seems to have had some bad experiences growing up in apartheid era South Africa. Looks apartheid was not just hard on the black people. That can impact you. And I am not sure therapy helps, although it might. But if you are simply focused on your work and are obviously good at it, is that focus a problem? Something that needs to be "cured" through therapy? I think not.

A prior billionaire also all over the map in terms of private life is Larry Ellison. So he is with his first wife. And they barely get by. She has a job. He does barely enough work to be able to help with the bills. And one day he goes ahead and puts a down payment on a boat. For a future billionaire, that is no big deal. But that sends the wifey into therapy. During one of the therapy sessions, when he realizes, maybe money is one of the issues why his marriage is so obviously breaking down, he blurts out he is going to "make a million dollars." The wife bursts out laughing. She thinks he is making it up to impress her. That was not his first divorce.

Both Larry Ellison and Steve Jobs were adopted. If you think that is emotionally vexing, there are always hungry children in Somalia, but I guess that does not help.

So Elon Musk's first wife goes on this tangent where basically she is invading his privacy. She blogs every detail of their life. Elon compares that to having to "eat glass."

His second wife I think is very, very pretty. They met in a bar. She approached him. She actually supposedly likes talking about electric cars and space travel. Maybe the guy talks about little else. He is in this zone. You have to be. Or you can't perform at those levels.

The entrepreneur is the ultimate minority person who qualifies for minority rights. There ought to be a Bill Of Rights for entrepreneurs. As in, if you work for Elon, and he fires you, no hard feelings. It was a work relationship. He was not trying to bond, exactly. No hard feelings. You perform, and you last.

I am intrigued by the home school Elon has designed for his kids.

I am happy for him that his second wife decided to come back to him because "there is no one out there even remotely close to like him." Better than one of Ellison's wives (ex) boasting that her divorce was better than her friends' marriages. She might have been talking money. I don't know.

Madonna said at one point, "My life is not a democracy."

An entrepreneur takes huge risks. People who go to work for them know what they are getting into. Especially for someone like Elon who is out there at the far cutting edges, he's got to push people so they do their very best and then some. This is not a Soviet job. You are not pushing paper, and digging trenches.

And to think he came so close to losing it all. That dip might have cost him his first marriage. The wife should not have blogged. Or she could have blogged about her hobbies, whatever. If the only reason you want to be close to him is so you can destroy his privacy, you don't deserve to be close to him.

One of Larry Ellison's wives, at around divorce, had a choice between Oracle stocks and the family pickup truck. She went for the truck! I guess Larry must have gone for her looks or something. She sure was not seeing anything in him.

My advice to Elon, if you have a wife who makes you ride planes, keep it. I mean, keep her. You like risks? Here we go. Seems to be the message.

Elon Musk: Myths And Legends: Be That As It May






























Sustaining marriage for the 44-year-old billionaire entrepreneur and innovator is almost as challenging as developing his electric car Tesla, designing rockets that deliver supplies to the space station- SpaceX, or founding PayPal. ....... Silicon Valley tycoon, Elon Musk, called the Thomas Edison of our time, remains married to his second wife, Talulah Riley, after divorcing her once, marrying her twice and tearing up the second set of divorce papers........ Talulah met her man at London's West End club, Whisky Mist, in Mayfair in 2008 when he was trying to clear his head after divorcing his first wife, Justine Wilson, after a six-year marriage that produced five children. ........ Introduced by the club's promoter, Musk was aroused by the curvy, sultry-eyed actress who arrived with a girlfriend, wearing a full-length, flowing gown showing her 'dazzling figure' ....... 'She did look great, but what was going through my mind was 'Oh, I guess they are a couple of models. You know, you can't actually talk to most models.' But Talulah was really interested in talking about rockets and electric cars.' ..... They had lunch the following day and Musk told Talulah, still a virgin at 22, that he wanted to show her his rockets....... They met up again in Beverly Hills several weeks later and lying in bed together at the Peninsula Hotel, he asked her to marry him. He didn't have a ring so he suggested they shake on it and they did. ...... 'I remember him saying, 'Being with me was choosing the hard path'. I didn't quite understand at the time, but I do now. It's quite hard, quite the crazy ride'.......It turned out to be a baptism by fire. His divorce was not final from Justine, he was short on cash and his two big investments, SpaceX and Tesla desperately needed cash infusions. ......

He had intense nightmares that made him yell out, climb on her and start screaming in his sleep.

....... She saw him through a very rough period of borrowing hundreds of thousands of dollars, burning through $4 million a month to keep his projects alive, borrowing from friends to make payroll and negotiating with investors. ..... He retreated within himself. He lost a lot of weight, bags formed under his eyes and 'he looked like death itself', Riley said. ...... 'I remember thinking this guy would have a heart attack and die. He seemed like a man on the brink' – that is until SpaceX metamorphosed from the joke of the aeronautics industry into one of its most consistent operators.' ..... she came back to Elon because of 'the lack of viable alternatives'. ........ 'I looked around, and there was no one else nice to be with. Number two is that Elon doesn't have to listen to anyone in life. No one. He doesn't have to listen to anything that doesn't fit into his worldview. But he proved he would take s**t from me'. ........

'Elon does what he wants and he is relentless about it', Justine said. 'It's Elon's world and the rest of us live in it.'

..... Justine knew all about Elon's miserable childhood and brutal upbringing in South Africa by his father who exerted some unidentified form of psychological torture. ........ Justine walked into their marriage knowing he was a tortured soul. ....... Growing up with a sister, Tosca, and brother, Kimbal, Elon wasn't interested in sports in an athletics-obsessed culture........ He spent his time reading. He often drifted off into trances and read too many comic books and then two books a day. He became the classic know-it-all who abrasively enjoyed correcting people, happily showing them that their thinking was flawed. ...... His classmates didn't let him get away with that. They loved to beat him up.
He was kicked in the head, shoved down a flight of stairs, kicked in the side, his head bashed against the ground until he passed out. It took a week to recover. ........ 'For some reason, they decided that I was it, and they were going to go after me nonstop. That's what made growing up difficult. For a number of years, there was no respite. ....... 'You get chased around by gangs at school who tried to beat the s**t out of me, and then I'd come home, and it would just be awful there as well. It was just like nonstop horrible'. ....... He escaped South Africa and landed in Canada where he had an uncle in Montreal. He worked his way across Canada and ended up at Queen's University in Kingston, Ontario. ........ Justine Wilson was a fellow student who 'radiated romance and sexual energy'. She had dumped an older man to go to college and figured that her next conquest would be a damaged James Dean sort...... Elon saw her on campus and went to work on winning her affections. ...... 'She looked pretty great. She was also smart and this intellectual with sort of an edge. She had a black belt in tae kwon do and was semi-bohemian and, you know, like the hot chick on campus.' ...... But she wasn't dating Musk exclusively and that drove him nuts. He wore her down, calling her insistently sending flowers, handwritten romantic musings........ By the year 2000, living together in Silicon Valley, she thought if she was going to put up with all his drama, they should be married and she suggested that he propose to her. He got down on his knee and did so on the spot....... They vacationed in December in Brazil and then South Africa at a game reserve near the Mozambique border........ Elon contacted the most virulent form of malaria that was misdiagnosed and mistreated which nearly killed him. A day later without the proper treatment he would have been dead. Six months passed before he was well again. ..... The couple decided on a change and to begin the next chapter of their lives in Los Angeles where Justine got pregnant. .......... She gave birth to a son, Nevada, who tragically died of sudden infant death syndrome at ten weeks. It broke Elon's heart and he grieved in private. ........ Justine gave birth to twins and then triplets within the next five years but that didn't temper Elon.
He was tough on the people who worked for him. If marketing people made grammatical mistakes in emails, they were let go..... Intimidating, he told employees, 'I want you to think ahead and think so hard every day that your head hurts. I want your head to hurt every night when you go to bed'. ...... He had tirades at suppliers who let him down and talked of balls being chopped off or and other violent or sexual acts....... He spit coffee across a conference room table because it was cold....... To dig Tesla out of its financial problems, he had to lose his entire fortune and almost have a nervous breakdown....... Leonardo DiCaprio begged for a free Tesla Roadster but Musk turned him down. ......... All the while, Justine blogged about the party scene, turning it into a nightmare for Elon who was called 'part playboy, part space cowboy'.......... By spring of 2007, the marriage was in trouble and Justine was suffering postpartum depression...... She felt she was treated like 'an arm ornament and couldn't possibly have anything interesting to say'. Elon had no respect for her writing. ....... She felt like a trophy wife with her team of nannies taking care of their five children........

By June of 2008, Musk was out of money and filed for divorce. Moving in with Justine's parents was not a viable option.

..... Justine went house hunting with Sharon Stone and blogged that the marriage was 'a good run'. ...... 'We married young, took it as far as we could and now it is over.' ........ The morning that Elon filed for divorce, he cut off Justine's credit card....... She continued blogging and fought for more money in their divorce settlement. She appeared on CNBC's Divorce Wars, and wrote a story for Marie Claire, 'I Was A Starter Wife'........ Elon didn't have any liquid assets at the time but she ended up with $2 million in cash, $80,000 a month in alimony, child support for seventeen years and that coveted Tesla roadster....... Justine continued to work out her revenge in her blog, even giving her views on Musk's new girlfriend and future second wife, Talulah........ It was the first time, the public got some insight into Musk's hardline behavior........ 'We were at war for a while, and when you go to war with Elon, it's pretty brutal'.
According to the author, 'the pair have continued to have their difficulties.'






Tuesday, August 11, 2015

Tech Aviv

A Fan Of Israel

Europe's hottest startups 2015: Tel Aviv
The startup nation became the exit nation in 2014, with Israeli tech sales and IPOs hitting $15 billion (£9.5bn) ..... "What sets Israel and Tel Aviv apart is its openness" ..... "You can meet almost anyone, and everyone knows and talks to -- and about -- each other." ..... "Entrepreneurs will focus not only on innovative technologies," he says, "but on building disruptive companies out of Israel." ...... Consumer Physics wants to build a molecular map of the world ..... StoreDot has developed a smartphone battery that can be charged in one minute. ...... Windward analyses commercial satellite feeds and maritime data to track the location and contents of every major seafaring vessel in the world .. Its aim: real-time updates and insights for maritime markets and intelligence agencies. ...... Moovit's transport app provides real-time public navigation on buses, trains and tubes. Using a combination of public-data feeds and feedback from users, it claims to provide travel times more accurately than its rivals. ......... Zebra Medical teaches computers to diagnose diseases. .. has partnered with Israeli imaging centres and universities worldwide to build a database of images. "We have millions of diagnosed MRIs, CT scans and X-Rays," says Gura. In April it secured $8m in funding led by Khosla Ventures. ....... Calling itself "the Robin Hood of fees", FeeX identifies hidden charges in investment and retirement funds




Berlin And Tel Aviv: How Two Top Startup Hubs Are Stacking Up
They are home to two of the world’s most dynamic tech startup hubs. Separated by 3,000 miles the cities of Berlin and Tel Aviv share a surprising number of similarities in terms of their startup cultures. ..... “The Berlin way is extremely structured and long term and Berlin’s startups usually think big. They set high goals. And then they create very detailed roadmaps in order to drive the company towards them. People really believe that ‘big dreams start small’,” says Kagan, a Tel Aviv native whose career in ad-tech spans more than ten years. ....... “And this is great for us as managers, since it forces us to combine innovative thinking about the future and practical thinking about the present. Tel Aviv, on the other hand, has an approach that is more spontaneous, with less hesitation when starting up and more improvisation along the way.” ...... While Berlin has more local business angels than big investors, Tel Aviv’s venture capital, per person, is much higher and mostly from non-Israeli investors. ........ Alibaba is a case in point. Earlier this year the world’s largest e-commerce firm made a strategic investment in Jerusalem Venture Partners worth tens of millions of dollars.




Behind Israel's Startup Success Is A Mountain of International Collaboration
How Israel became Israel is a complicated story. ........ The truth is that to become the #2 startup ecosystem in the world after Silicon Valley, it’s taken a complicated calculus of educational, societal, and entrepreneurial influences to make Israel the economy it is. ....... Did you know that in Massachusetts alone, Israeli companies doing business there have generated over $6.2 billion in 2013 and employ 6700 people in the state? ....... emerging sectors such as nanotechnology, robotics, and 3-D printing coming from collaboration between Israeli and global scientists, entrepreneurs and business partners. .......

the young country has always focused on human resources to address its natural resources problem.

...... The high-end of Israel’s academic world has shined brightly over the past few decades, winning numerous Nobels and contributing to the advancement of science globally. While science has flourished, Israel has a lot to learn from global educational institutions. One interesting development to watch is Cornell University’s partnership with Israel’s Technion (considered the M.I.T. of Israel). ....... Israel is still trending up as the U.S.’s #3 innovation partner, right behind Switzerland and Canada. So, as Israel, the Startup Nation, grows into its big-boy, Scale-up Nation shoes, other nations looking for its secret sauce can look directly to its partnering ability for guidance. Israel’s technology and startup ecosystem have both benefited from and created global partnerships that work to support growth in Israeli ingenuity on a global scale.


Chairman Larry (Chairman Mao): Larry Page's Dramatic Corporate Overhaul

This is awesome. Other than the fact that Indians are clearly taking over the world, I must say the Google corporate structure and culture are pretty impressive inventions in their own right. And this just adds to the genius of it. I am not sure you can call this overhaul. It is more like the cactus flower popped up open.







































THE INVENTION OF ALPHABET IS THE ULTIMATE LARRY PAGE MOVE
ONCE YOU GET YOUR HEAD AROUND IT, GOOGLE'S MIND-BENDER OF AN ANNOUNCEMENT MAKES PERFECT SENSE. ........ It has long been obvious that what got Page excited wasn't sitting in meetings about incremental improvements to Google search, Gmail, or YouTube. ...... wants to boil new oceans, such as transportation, connectivity, and life itself. ..... Page has been grooming Pichai to be Google's CEO. ...... The key thing is to have the right mix of projects, and to think about, "Maybe I can take on more projects." ...... Page has been contemplating the move he announced today for years ..... The Google brand is among the most resonant ones on the planet, and Page says that Alphabet won't even be a consumer brand. ...... And when Larry Page does the kind of things that Larry Page does, nobody's going to describe his behavior as "Alphabet-y." Whatever the name of the company he runs, he will continue to define what it means to be Google-y.
G is for Google
From the start, we’ve always strived to do more, and to do important and meaningful things with the resources we have. ..... We did a lot of things that seemed crazy at the time. Many of those crazy things now have over a billion users, like Google Maps, YouTube, Chrome, and Android. And we haven’t stopped there. We are still trying to do things other people think are crazy but we are super excited about. ..... We’ve long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant. ...... In general, our model is to have a strong CEO who runs each business, with Sergey and me in service to them as needed. ...... We will rigorously handle capital allocation and work to make sure each business is executing well. We'll also make sure we have a great CEO for each business, and we’ll determine their compensation. In addition, with this new structure we plan to implement segment reporting for our Q4 results, where Google financials will be provided separately than those for the rest of Alphabet businesses as a whole. ......

Sundar has been saying the things I would have said (and sometimes better!) for quite some time now

..... frees up time for me to continue to scale our aspirations. ........ Wing, our drone delivery effort. We are also stoked about growing our investment arms, Ventures and Capital, as part of this new structure. ...... Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights. Google will become a wholly-owned subsidiary of Alphabet. Our two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.





With Google as Alphabet, a Bid to Dream Big Beyond Search
Google’s expanding universe of products, which are as varied as operating systems, a web browser, email, cloud storage, self-driving cars and, yes, even a search engine. ...... Mr. Page’s announcement on Monday that Google will restructure its operations into a General Electric-like conglomerate called Alphabet, of which the search company will become just one division. ...... By creating a half-dozen (for now) adjacent companies that are each dedicated to solving a technological problem, the structure allows for both tactical narrowness and strategic breadth. ....... it is peerless in the industry as an exporter of corporate culture. Google pioneered what has become the archetype of the modern Silicon Valley company — an engineering-driven culture in which internal hierarchies are suppressed, empirical evidence is prized and people are given wide leeway to work on problems that excite them, even if they seem far removed from a central corporate mission. ....... Tech founders increasingly argue that every sector of modern life, including health care, transportation, media and education, will be improved by the liberal application of computing technology.
Google Creates Parent Company Called Alphabet in Restructuring
Google said Monday it had created a holding company, Alphabet Inc., that will manage each of its growing cast of businesses, including those building robots and self-driving cars, helping to cure disease, developing nanoparticles and extending Internet connectivity via balloons. ..... a structure similar to Warren Buffett’s Berkshire Hathaway Inc. ...... Mr. Page said he looks to Berkshire Hathaway as a model for running a large, complex company, according to people who were at the meeting. ...... Google has jumped into dozens of new businesses in recent years, but it remains primarily an advertising company, generating most of its revenue and nearly all of its profit when people click ads in search results. Researcher eMarketer estimates that

Google ends up with one in 10 dollars spent on advertising globally, about $53 billion this year after paying back its partners.

...... Non-Google units will include Nest, the connected-home business run by Tony Fadell; Fiber, Google’s fast Internet service; Calico, the health research lab headed by Art Levinson; Google X, the company’s research lab that pursues long-term risky projects like the self-driving car; Google Ventures, its venture-capital arm; Google Capital, a late-stage investment unit; and Sidewalk, a recently formed urban technology project headed by Dan Doctoroff.