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Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2219.52
|
And I think that there is an answer to that, which is to get as many regular users of Twitter
| 2,219.52
| 2,230.04
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2226.96
|
to be a subscriber for $8 a month.
| 2,226.96
| 2,233.52
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2230.04
|
And you'll get a lot more than just the Blue check mark for $8 a month, because now we
| 2,230.04
| 2,241.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2233.52
|
can afford long-form video, long-form audio, podcasts, and we can also start sharing revenue
| 2,233.52
| 2,243.6
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2241.24
|
with content creators, which is essential.
| 2,241.24
| 2,245.88
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2243.6
|
You give them a chance to make money.
| 2,243.6
| 2,246.88
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2245.88
|
Yeah, absolutely.
| 2,245.88
| 2,252.2
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2246.88
|
So, I mean, right now, if you're on Twitter, you'll see a lot of links posted to YouTube
| 2,246.88
| 2,258.48
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2252.2000000000003
|
and TikTok, and that's because, at least until now, Twitter has not even given them enough
| 2,252.2
| 2,263.32
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2258.48
|
video length to post their video, and then they give the content creators no means of
| 2,258.48
| 2,265.12
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2263.32
|
monetizing the video.
| 2,263.32
| 2,267.4
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2265.12
|
So we're going to change that rapidly at Twitter.
| 2,265.12
| 2,269.8
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2267.4
|
It's going to be transformative.
| 2,267.4
| 2,275.88
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2269.8
|
But if we can get enough verified users, and we're going to prioritize Twitter search,
| 2,269.8
| 2,282.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2275.88
|
replies, mentions, by verified users first.
| 2,275.88
| 2,283.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2282.08
|
And yeah.
| 2,282.08
| 2,287.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2283.08
|
That's what's called amplified?
| 2,283.08
| 2,288.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2287.08
|
Yes.
| 2,287.08
| 2,294.84
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2288.08
|
So if your payment verified with Blue check mark, then you're proprietized.
| 2,288.08
| 2,302.76
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2294.84
|
And so the point of this is to make crime not to pay, because right now, to create a
| 2,294.84
| 2,306.48
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2302.76
|
bot on Twitter costs less than a penny.
| 2,302.76
| 2,313.16
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2306.48
|
So the cost of crime is so cheap, and that's part of why crime and hateful conduct pays.
| 2,306.48
| 2,320.92
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2313.1600000000003
|
But if somebody risks losing even eight bucks, it's too expensive to now have 100,000 fake
| 2,313.16
| 2,332.16
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2320.92
|
accounts, because they have to spend $800,000 a month, as opposed to $800 a month.
| 2,320.92
| 2,336.96
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2332.16
|
And then we also, since we're using payment authentication, we're piggybacking on the
| 2,332.16
| 2,342.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2336.96
|
authentication system of the payment system, and we're also piggybacking off of Apple's
| 2,336.96
| 2,345.56
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2342.24
|
authentication system, which is another layer of security.
| 2,342.24
| 2,352.52
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2345.56
|
So the net effect will be, over time, that the verified users will pretty much always
| 2,345.56
| 2,356.32
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2352.52
|
be at the top of comments and search.
| 2,352.52
| 2,361.32
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2356.3199999999997
|
And you won't really see, you'll have to scroll far to see the unverified users, which will
| 2,356.32
| 2,364.28
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2361.32
|
be the bots and trolls and whatnot.
| 2,361.32
| 2,371.2
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2364.28
|
And this is sort of analogous to Google Search.
| 2,364.28
| 2,377.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2371.2000000000003
|
If you go to page eight of Google Search, there will be a ton of scams and stuff, you
| 2,371.2
| 2,382.12
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2377.0800000000004
|
know, call it page eight, page nine, something like that.
| 2,377.08
| 2,387.04
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2382.1200000000003
|
And but the thing is that Google Search results are so good for page one that you never go
| 2,382.12
| 2,389.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2387.04
|
to page eight.
| 2,387.04
| 2,391.16
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2389.2400000000002
|
So it's rare.
| 2,389.24
| 2,392.36
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2391.16
|
And like the old joke is like...
| 2,391.16
| 2,394.68
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2392.3599999999997
|
Something we don't want to see, it gets pushed way down.
| 2,392.36
| 2,400.16
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2394.68
|
Yeah, just basically the bad stuff gets pushed way down.
| 2,394.68
| 2,403.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2400.16
|
And then crime stops paying, and then they stop trying to do all these things.
| 2,400.16
| 2,407.2
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2403.24
|
And we can recruit them as engineers to program for us, crime guys.
| 2,403.24
| 2,408.2
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2407.2
|
Yeah.
| 2,407.2
| 2,413.68
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2408.2
|
So, I mean, the joke is like, what's the best place to hide a dead body would be the second
| 2,408.2
| 2,417.48
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2413.68
|
page of Google Search results.
| 2,413.68
| 2,418.48
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2417.48
|
Nobody ever goes there.
| 2,417.48
| 2,426.68
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2418.48
|
So today we fired half of Twitter.
| 2,418.48
| 2,429.68
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2426.68
|
And that should save us, what, $4 billion a year?
| 2,426.68
| 2,433.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2429.68
|
No, it's not going to save $4 billion a year.
| 2,429.68
| 2,434.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2433.08
|
I wish.
| 2,433.08
| 2,443.04
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2434.08
|
But so, I mean, to be frank, Twitter was having pretty serious revenue challenges and cost
| 2,434.08
| 2,447.8
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2443.04
|
challenges before the acquisition talks started.
| 2,443.04
| 2,452.92
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2447.8
|
And any company that is dependent on advertising has had a hard time.
| 2,447.8
| 2,461.4
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2452.92
|
So if you look at, say, Snap or Google, Facebook, whatnot, they've all had a difficult time
| 2,452.92
| 2,464.64
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2461.4
|
with advertising revenue dropping.
| 2,461.4
| 2,472.56
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2464.6400000000003
|
And Twitter is more currently more vulnerable than they are to advertising because most
| 2,464.64
| 2,477.4
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2472.5600000000004
|
of Twitter's advertising is large brand advertising as opposed to direct response.
| 2,472.56
| 2,485.72
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2477.4
|
So it's kind of like a much more of a discretionary ad spend than it is for, like, if you can
| 2,477.4
| 2,490.92
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2485.7200000000003
|
do direct response for a specific product.
| 2,485.72
| 2,499.18
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2490.92
|
So and then we also recently had a lot of difficulty with activist groups pressuring
| 2,490.92
| 2,504.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2499.1800000000003
|
major advertisers to stop spending money on Twitter.
| 2,499.18
| 2,508.88
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2504.08
|
This is despite us doing everything possible to appease them and to make it clear that
| 2,504.08
| 2,513.72
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2508.88
|
moderation rules and hateful contact rules have not changed and we're continuing to enforce
| 2,508.88
| 2,514.72
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2513.72
|
them.
| 2,513.72
| 2,520.36
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2514.72
|
A number of major advertisers have stopped spending on Twitter.
| 2,514.72
| 2,528.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2520.36
|
So this doesn't seem right because we've made no change in our operations at all.
| 2,520.36
| 2,535.4
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2528.24
|
And but nonetheless, the activist groups have been successful in causing a massive drop
| 2,528.24
| 2,538.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2535.3999999999996
|
in Twitter advertising revenue.
| 2,535.4
| 2,542.6
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2538.24
|
And we've done our absolute best to appease them and nothing is working.
| 2,538.24
| 2,544.88
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2542.6
|
So this is a major concern.
| 2,542.6
| 2,549.68
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2544.8799999999997
|
And I think this is, frankly, an attack on the First Amendment.
| 2,544.88
| 2,558.44
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2549.68
|
Like if activist groups can pressure advertisers upon which Twitter is fundamentally dependent
| 2,549.68
| 2,564.44
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2558.44
|
to, you know, suppress free speech, then that doesn't seem right.
| 2,558.44
| 2,573.48
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2564.44
|
I meant, by the way, 400 million instead of 4 billion.
| 2,564.44
| 2,578.32
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2573.48
|
I meant actually 400 million instead of 4 billion.
| 2,573.48
| 2,581.6
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2578.32
|
Okay, so we're now there.
| 2,578.32
| 2,582.76
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2581.6000000000004
|
You're living at this place.
| 2,581.6
| 2,589.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2582.76
|
You go there for the next couple, three weeks, you get to vote and then we have a team lined
| 2,582.76
| 2,590.24
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2589.2400000000002
|
up.
| 2,589.24
| 2,594.36
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2590.2400000000002
|
You think you have a team lined up to manage it and then you would just do it the same
| 2,590.24
| 2,598.92
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2594.36
|
way we do with SpaceX and Tesla where you just attend the meetings regularly, say this
| 2,594.36
| 2,602.6
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2598.92
|
is what we need to do.
| 2,598.92
| 2,603.6
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2602.6000000000004
|
Do it.
| 2,602.6
| 2,606.6
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2603.6000000000004
|
This is what we need.
| 2,603.6
| 2,617.4
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2606.6
|
Yeah, my workload went up from about, I don't know, 70 to 8 hours a week to probably 120.
| 2,606.6
| 2,624.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2617.4
|
So yeah, I go to sleep, I wake up, I work, go to sleep, wake up, work, do that seven
| 2,617.4
| 2,625.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2624.08
|
days a week.
| 2,624.08
| 2,628.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2625.08
|
I'll have to do that for a while.
| 2,625.08
| 2,630.4
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2628.08
|
No choice.
| 2,628.08
| 2,635.56
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2630.4
|
But I think once Twitter is set on the right path, I think it is a much easier thing to
| 2,630.4
| 2,638.92
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2635.56
|
manage than SpaceX or Tesla.
| 2,635.56
| 2,651.12
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2638.92
|
So I really understand the internet and how to make, so I wrote software personally for
| 2,638.92
| 2,652.12
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2651.12
|
20 years.
| 2,651.12
| 2,661.88
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2652.12
|
I was one of the key people behind x.com which became PayPal.
| 2,652.12
| 2,667.56
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2661.88
|
And so I'm aware of, I know how to make a way better PayPal.
| 2,661.88
| 2,670.88
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2667.56
|
Because you built PayPal.
| 2,667.56
| 2,673.84
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2670.88
|
Yeah, yeah, pretty much.
| 2,670.88
| 2,681.08
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2673.84
|
I mean with a lot of other people, but there's a product plan I wrote which I wish I'd kept
| 2,673.84
| 2,687.16
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2681.08
|
a copy of in July of 2000 where I thought it would be possible to make the most valuable
| 2,681.08
| 2,693.04
|
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
| 2023-01-04T17:38:21
|
https://youtu.be/E-squeb0YJA
|
E-squeb0YJA-t2687.16
|
financial institution in the world and we're going to execute that plan from 22 years ago
| 2,687.16
| 2,696.72
|
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