People want access when they don’t have it. People want certainty when they finally get it.
The SpaceX IPO became the largest in history.
Not because investors wanted rockets.
Not because they wanted satellites.
Because they wanted a piece of a company that spent more than 20 years building something most people thought was impossible. (Reuters)
There is a lesson here for every founder.
Most entrepreneurs spend their time looking for the next opportunity.
The biggest opportunities are usually created by people who spend decades focused on one thing.
Whether you like Elon Musk or not, the real story is not the IPO.
The real story is that a company started in 2002 spent years being ignored, criticised and doubted before becoming one of the most valuable businesses on the planet. (Reuters)
Everyone wants to buy the stock.
Few want to live through the journey that created it.
