https://www.cnbc.com/2020/09/29/two-women-file-sexual-abuse-...
Birds of a feather flock together.
That and a $1 million donation. He bought his pardon fair and square.
EDIT: Nvm, it’s 16.
What are you smoking? The lowest age of consent in any US state is 16
Why? I struggle to understand the incentives + motivations here.
But that is neither here nor there. What is important is the now, and in the now you are in the presence of someone who is Good At Making Money. And you too, by joining forces, will be Making Lots Of Money with this charismatic person, who can clearly achieve great things and will be clearly avoiding any past missteps that may have caused their downfall right before reaching greatness (but weren’t their fault anyway).
Think of the future, not the past!
I swear there are some people who control a lot of money who are just having fun ruining people's lives for laughs.
There are people who spend years working for some company, betting their career on it but it turns out the whole thing was some kind of inside joke.
My view is that some companies are basically somebody's toy and the employees are part of the entertainment like a personal reality TV show for some rich person so they can play-act as a hotshot entrepreneur.
Probably it serves as some kind of inflation control mechanism. If you have a lot of money and want to spend it without driving inflation, you have to find things with extreme diminishing returns and you have to invest in people who value such things.
The only thing I can add (regarding the motivations of people willing to invest with a fraudster) is that many people invest with the belief that they'll make money because they are just part of the scam and they assume there's a greater fool somewhere down the line.
But that's probably obvious.
The truly amazing thing, especially the second time around, are the supposedly sophisticated investors who fall for it. "Oh, he's learned his lesson -- he won't do it again!".
Sort of. I get the capital extraction part, but you also need to be a good steward of capital and make a profitable business out of it. He failed badly at the later part, and his reputation is an obstacle for the former.
Not saying you are wrong, but if I am a "capital allocator" at a16z, he would be no-go.
My guess is that they're good talkers. They make it sounds like they learned their lesson or were framed but regardless if you hire them they'll make you rich!
The fraud might have a low close rate but the top of the funnel is huge. The unknown upstart can't even get meetings.
But having founders that raise lots of money also have a value in itself even if the business fails in the long run.
The rich VCs and billionaires and aspirational billionaires only care about doing what they want to do and don't care what the peons like us think or care about.
It's just hard to imagine that anybody would give a f about this fraudster. Only explanation is he must know some dirt on someone.
It's clear now. Modern society runs on blackmail. There's a blackmail hierarchy all the way to the top.
I bet there are many people out there just making a living from just knowing dirt about people.
Trump when pardoning Trevor Milton said that he didn't know the guy, but heard that he said nice things about him.
And Milton made a $1m donation.
> Milton and his wife had also donated at least $3.2 million to Trump’s 2024 election and to political groups and people in Trump’s orbit, including Health Secretary Robert F. Kennedy Jr.
If you've ever worked with narcissists and sociopaths, you'll soon enough discover that they will do anything to get what they want. And they are professionals at playing people.
They know what to say, how to present themselves, how to make their story, and what strings to pull on the people they try to convince.
Some investors are also willing to suspend their disbelief - thinking that if they are the first to ditch to bag, there's money to be made...as long as they're not the ones holding the bag.
This article is not praising trevor milton tho.
Therefore, I wish only the best of luck to never-committed-a-crime Trevor Milton and to the infallibility of our dear leader in his wise and judicious use of the power he has been given by God and the Constitution.
This really needs to be taken away. Or at least severely limited. Maybe you could pardon at most 10 people. And that too has to be approved by congress or the senate.
Like it won't be just "vertically integrating pallet construction", it'll be "a heartwarming revolution in the construction of pallets, now with AI and blockchain".
Kind of like how TFA mentions that Milton's new SyberJet will "pioneer AI flight".
And to be clear he's not been convicted of fraud, he walked away from the cash bonfire with over a billion dollars.
I wouldn't trust her to make my coffee.
But of course they'll leverage their connections and get high paying jobs like in this case.
I don't know Trevor Milton. I have never met him. Maybe he isn't a compulsive liar but just got in over his head and was trying to make it work. But I know I would never invest in something he is doing.
Theyre not exactly wrong
I have followed Trevor for many years. And I think anybody who has done the same will tell you, lying is very very central to his inner core. He lies even when he has zero need to. He just cannot help himself. It satisfies some inner need.
He obviously thinks you should learn from your mistakes and that you must be an avid and quick learner.
But learning skills is not what introspection / dwelling is.
It's spending times on thoughts like "what should I be doing with my life". "I can't believe how much of a victim of the system I am".
And he specifically contrasted it against doing stuff.
Writing code >>> walks in the woods.
Obviously reflection is necessary to recognize mistakes of the past. What Andreessen was talking about that you should spent majority of your time acting not reflecting. Not that you should spent 0 time reflecting.
How else do you decide what to do?
It's surprising to me that you consider these equivalent.
Introspection is a process of discovery, to uncover a deeper cause why you did something.
Dwelling is when you can't let go.
Introspection is important. Dwelling is problematic.
https://assets.msn.com/content/view/v2/Detail/en-in/AA1YRlL9...
Best justice money can buy.
> He’s now raising funds for a new jet he claims will transform flying
With his history building the "truck that can roll unpowered down a hill" I shudder to think just how his jet would transform flying.
Oh cool, can't wait for the vibe-coded autopilot to CFIT into the Rockies or dump itself into the ocean that it thought was totally a runway while a completely untrained, inexperienced hot shot with $10 million to blow flies this generation's V-tailed doctor killer[1] to their final destination.
Airplanes have had autopilot (the genuine kind, not Musk's snake oil) for ages now. Commercial airlines have been using autoland on well-equipped airports for decades. Garmin's fully autonomous emergency autoland has already saved a few Cessna owners' lives. With the ongoing adoption of CPDLC the ATC-to-pilot link is also actively being automated and standardized.
There are no big technical hurdles left to solve! The main thing preventing fully-automated flight from taking off is the industry and regulators (rightfully) being incredibly conservative, and preferring paying pilots over the horrible PR fallout of an incident aboard an automated flight killing hundreds of people. Artificial intelligence isn't going to be of any help here!
The Garmin Autonomí autoland system is an amazing technical achievement but it's intended as a last-ditch way to save the passengers when a Part 91 single pilot is incapacitated. It would never be approved for routine non-emergency use and can't even take VHF radio instructions from controllers.
So... basically, an even more digital cockpit with more touchscreens and less verbatim information presentation on the screens. Why give you multiple engine gauges for N1, N2, temps, etc, when we can just give you one dumb "Thrust" gauge? Why make programming the autopilot a fifteen day course on the ground when you can just have a LLM figure out what your flight plan should be and punch it all in automatically?
It's like how Cirrus positions themselves to be the family SUV of the skies with their products and falls back on "just pull the chute / push the Autoland button, bro".
https://en.wikipedia.org/wiki/There%27s_a_sucker_born_every_...
Wild!
“I walk into meetings now, and I’ll get high-fives from the most wealthy people in the world,” he said. “They’re like, ‘Welcome to the club. You can withstand the fire. We can trust you now.’”
The WSJ interviewed him and is reporting information about his past. I think the article portrays him as extremely shady and untrustworthy. Not sure what you could be seeing here to demean the WSJ.
Myself, I think people are mature enough to be able to read past a headline and come away from this with a clear eyed view of this fraudster.
How many times are you willing to forgive? Trevor has seen prison only once. But frauds? Many.
What trainwreck of misconceptions could possibly compel an otherwise reasonable person to believe something so ridiculous?
Headline is what is presented to the world. Headline is the claim being made to people who dont find the topic interesting. And majority of the people dont find all the fine details of pardoned CEO situation interesting. So, yes, if the headline lies, the news deserve to be criticized.