How Elon Musk used the NASDAQ as his personal investment crowdfunding platform
Nov 18, 2021•6 min
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Episode description
Key to Tesla's current success was Elon Musk's ability to use the NASDAQ to raise billions of new capital for Tesla. However, he first risked $80 million of his own personal fortune to build Tesla to the minimum level needed to successfully raise "public venture capital". Thanks to new US financial regulations that became effective in March 2021, today's visionary founders can seamlessly raise their first $80 million in capital starting from scratch using the public venture capital techniques we teach in our free online course, Capitalism for Activists.
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