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Elon Musk Says Netscape Rejection Spurred Zip2 and Shaped His Tech Mission

He argued that artificial intelligence represents a civilization-scale economic revolution positioning his work on AI alongside space exploration as his main quest.

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Elon Musk
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Overview

  • At Y Combinator’s AI Startup School Musk said he sent his resume to Netscape in 1995 and, after no response, decided to write software himself.
  • That initiative led to the creation of Zip2 which he sold to Compaq for nearly $300 million in 1999 before investing most of the proceeds into X.com.
  • He reflected that ceding too much control to investors in Zip2 taught him to maintain tighter oversight in later ventures.
  • Musk characterized AI as a potential civilization-scale economic revolution and warned founders about intense hype around current valuations.
  • Following a stint working on government efficiency initiatives he said he has returned to technology development as his primary mission across Tesla, SpaceX and xAI.