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Showing posts with the label Zip2

Coding Your Way To Orbit How Musk Dominated Spaceflight

In 1984 when Elon Musk was just 12 years old he created a video game called "Blastar," and sold the code for the game to PC and Office Technology magazine for $500. In 1995, Elon Musk along with his brother Kimbal Musk and Greg Kouri co-founded Zip2 which provided online city guide software to newspapers, offering maps, directions, and business directories. Elon did the coding, Kimbal focused on sales, and Greg Couri was an Angel investor. Four years later in 1999 Compaq acquired Zip2 for $307 million in cash and Elon Musk's share of the sale resulted in him receiving $22 million which he used to found X.com, an online financial services and e-mail payment company where again Musk was the main or only coder. X.com later merged with Confinity, which had a money-transfer service called PayPal and the merged company adopted that name. At PayPay he tried to influence the coding and the software but was removed from being CEO for it and all of his code from X.com was deleted, ...