> He cofounded paypal which is payment system. Presumably he knows about things like payment systems, fraud, etc...
No, he didn't. He founded x.com as a payment system which was substantially less popular then paypal. Due to a bunch of mergers of parent companies, x.com and paypal had to merge. Musk became CEO and the whole thing was later sold to ebay, he left and cashed out big. That whole timeline unfolded in just a couple of years.
So his actual experience is not that long. And besides that all unfolded in 1999. I have no idea what your age is but that was a different time and payment system knowledge from that time isn't worth that much nowadays.
You’re leaving out that he was ousted by Thiel and the board because they thought he was about to fuck up the whole thing. By the time they sold to eBay, he was the largest shareholder, but no longer involved with the operation of the company.
Isn't there a tell-all book or three about the founding of PayPal? I think many people here have read those books, and some readers here were involved? Please, enough breathless conjecture, the content is serious enough..
