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How Elon Musk Built His Empire - [Infographic]

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This graphic was created by information designer Anna Vital, read herfull article here.
Step by Step: How Elon Musk Built His Empire (by Anna Vital)“The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique.”– Peter Thiel in “Zero to One” In the bookZero to One, prominent entrepreneur and investor Peter Thiel shares his vision on what it takes to create an extraordinary company. Specifically, Thiel believes that instead of making incremental upgrades to an existing product or service, a company must aim to do something completely new to avoid ruthless competition. While Thiel has worked with many impressive people over the years, Thiel points to Elon Musk as a particularlysuccessful memberof the Paypal Mafia that has gone “zero to one” many times. THE RÉSUMÉAt only the…

Abomination

From the Philippine Daily Inquirer.

The plea bargain that government prosecutors struck with the lawyers of ex-general Carlos Garcia last week is a legal abomination. It violates both the explicit letter of the law and the spirit that gives law life; it makes a mockery of the justice system at the very moment that system is under great stress; not least, it feeds the cynicism of the public, more and more of whom believe that Lady Justice is not blind. When the moneyed are haled to court, she only pretends to close her eyes.

Garcia, whose sons were caught in the United States carrying hundreds of thousands of dollars in 2003 and whose wife admitted that their inexplicable family fortune came from bribes, stands (or rather, stood) accused of the non-bailable crime of plunder for accumulating over P300 million in personal wealth while he was still serving in the Armed Forces. Last Saturday, after negotiating a plea bargain and posting bail of P60,000, he walked out of prison. Technically, he is not yet scot-free, since he will now face trial for the lesser offenses of direct bribery and money laundering. But even with conviction, he now stands a good chance of becoming a free man after a few years. Because the plea bargain includes a settlement of P135 million, Garcia also can look forward to enjoying a personal retirement fund of P168 million—more than half of the P303 million in ill-gotten wealth he was accused of plundering.

As it turns out, this agreement was begun before the Aquino administration even assumed power; it is, in other words, another midnight deal that stinks to the highest heavens.


Is it ever a wonder why the Philippines would never improve?

Full story here.

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