Mediaboss Marketing

The Shaadi.com Founder was speaking on the Barbershop podcast.

Anupam Mittal, the founder of Shaadi.com and 'Shark Tank India' judge has become a household name. Mr Mittal has made a significant impact in the business world with his remarkable achievements. The entrepreneur spoke to Bombay Shaving Company CEO Shantanu Deshpande on his Barbershop podcast and stated that billionaire Elon Musk is a "great and the worst" example for founders.

Discussing the reason, Mr Mittal highlighted Mr Musk's vast business empire. He said, "A lot of people believe they can do what he's doing- run 10 companies at the same time. And we know it's very hard."

He added, "It's understandable if a founder says that it has been five years- I want to buy a house and all that. But if you are going to create wealth for yourself while your investors have not, that is a big no. It becomes tough. Then your incentives will not align."

On the podcast, Mr Mittal also recalled starting as an entrepreneur and going from living in a small Mumbai apartment with 20 people to becoming a multimillionaire in his 20s. Mr Mittal clarified that his father had a successful business in textile but there was a time when they were not well-off.

He told Mr Deshpande, "We wouldn't realise it as kids, but 20 of us were living in a 1,000-square-foot house at the time. People were sleeping on the dining table, under the dining table. But as kids, you don't think of that. You enjoy having so many kids around".

After struggling for a few years, Mr Mittal's father became successful, and Anupam Mittal moved to the US for studies. However, he couldn't find a job there and he decided not to share it with his parents as they would insist him return. He revealed he had no money.

He continued, "Now the situation was such that I had no money, and if I asked them for money they say, 'Where's your salary?' I had no money. It was the first time I experienced hunger. This is something everybody should do in life once because experiencing hunger teaches you a lot. There was a time when I didn't eat for two or three days because I couldn't eat. How long could friends help? They would've helped, but you also feel bad after a while... Credit cards are maxed out, everything is finished. It wasn't like I was out on the streets, but I did experience some level of lack of resources".

More here:

Elon Musk "Great And Worst" Example For Founders, Says Anupam Mittal. Here's Why - NDTV

Another Elon Musk-led company has moved its home base from Delaware as the tech billionaire continues to criticize the state after a judge there voided his nearly $56 billion payday at Tesla.

Moving the incorporation of SpaceX, Musks privately held rocket giant, to Texas will help bolster the Lone Star States standing with business. But it remains unclear whether Tesla itself will be able to make the same journey.

Musk is making good on his threat to pull out of the state. If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible, he wrote in his announcement of SpaceXs shift. It comes shortly after he relocated the incorporation of Neuralink, his brain implant company, to Nevada.

Dozens of states have sought in recent years to lure companies away from Delaware which became the home base for much of corporate America because of its extensive business-friendly court system by pitching themselves as being even friendlier. Musk endorsed that view, writing that having a Delaware incorporation is a guarantee of spurious litigation.

All eyes are on Tesla now. Its up to the carmakers board and, more important, its shareholders to approve such a move. Those same investors were the focus of the decision last month by the Delaware chancellor Kathaleen McCormick to reject Musks pay package: She found that Teslas board didnt sufficiently look out for investor interests in recommending the compensation scheme, and that it was unfair to other shareholders.

That said, Musk can exert significant pressure. He has already demanded a bigger voting stake in Tesla, threatening to move new artificial intelligence ventures into other parts of his business empire if he didnt get his way. (All this is increasing the scrutiny on Teslas chair, Robyn Denholm, whom McCormick accused of having a lackadaisical approach to her oversight obligations.)

We are having trouble retrieving the article content.

Please enable JavaScript in your browser settings.

Thank you for your patience while we verify access. If you are in Reader mode please exit andlog intoyour Times account, orsubscribefor all of The Times.

Thank you for your patience while we verify access.

Already a subscriber?Log in.

Want all of The Times?Subscribe.

Read the original:

Elon Musk Extends His Anywhere-but-Delaware Campaign - The New York Times

While the finer points of running a social media business can be debated, one basic truth is that they all run on attention. Tech leaders are incentivized to grow their user bases so there are more people looking at more ads for more time. Its just good business.

As the owner of Twitter, Elon Musk presumably shared that goal. But he claimed he hadnt bought Twitter to make money. This freed him up to focus on other passions: stopping rival tech companies from scraping Twitters data without permissioneven if it meant losing eyeballs on ads.

Data-scraping was a known problem at Twitter. Scraping was the open secret of Twitter data access. We knew about it. It was fine, Yoel Roth wrote on the Twitter alternative Bluesky. AI firms in particular were notorious for gobbling up huge swaths of text to train large language models. Now that those firms were worth a lot of money, the situation was far from fine, in Musks opinion.

In November 2022, OpenAI debuted ChatGPT, a chatbot that could generate convincingly human text. By January 2023, the app had over 100 million users, making it the fastest growing consumer app of all time. Three months later, OpenAI secured another round of funding that closed at an astounding valuation of $29 billion, more than Twitter was worth, by Musks estimation.

OpenAI was a sore subject for Musk, whod been one of the original founders and a major donor before stepping down in 2018 over disagreements with the other founders. After ChatGPT launched, Musk made no secret of the fact that he disagreed with the guardrails that OpenAI put on the chatbot to stop it from relaying dangerous or insensitive information. The danger of training AI to be wokein other words, lieis deadly, Musk said on December 16, 2022. He was toying with starting a competitor.

Near the end of June 2023, Musk launched a two-part offensive to stop data scrapers, first directing Twitter employees to temporarily block logged out view. The change would mean that only people with Twitter accounts could view tweets.

Logged out view had a complicated history at Twitter. It was rumored to have played a part in the Arab Spring, allowing dissidents to view tweets without having to create a Twitter account and risk compromising their anonymity. But it was also an easy access point for people who wanted to scrape Twitter data.

Once Twitter made the change, Google was temporarily blocked from crawling Twitter and serving up relevant tweets in search resultsa move that could negatively impact Twitters traffic. Were aware that our ability to crawl Twitter.com has been limited, affecting our ability to display tweets and pages from the site in search results, Google spokesperson Lara Levin told The Verge. Websites have control over whether crawlers can access their content. As engineers discussed possible workarounds on Slack, one wrote: Surely this was expected when that decision was made?

Then engineers detected an explosion of logged in requests, according to internal Slack messages, indicating that data scrapers had simply logged in to Twitter to continue scraping. Musk ordered the change to be reversed.

On July 1, 2023, Musk launched part two of the offensive. Suddenly, if a user scrolled for just a few minutes, an error message popped up. Sorry, you are rate limited, the message read. Please wait a few moments then try again.

Excerpt from:

The Story Behind Elon Musk's Tweet Restriction Fiasco - WIRED

The private rocket company SpaceX has switched where it is incorporated to Texas from Delaware, its founder, Elon Musk, said on Wednesday, weeks after a Delaware judge voided his pay package at Tesla, another company he owns.

The Texas secretary of state, Jane Nelson, issued a certificate on Wednesday confirming that the state has accepted the companys filing to relocate its incorporation, according to a copy of the document that was posted on her offices website. A spokeswoman for Ms. Nelsons office did not immediately respond to a request for comment.

Mr. Musk, a billionaire who lives in Texas and also runs the carmaker Tesla, has had issues with Delaware. Last month, a judge there voided the pay package that had helped to make him the worlds wealthiest person.

That case was brought by a group of Tesla shareholders who were challenging a stock options package that allowed Mr. Musk to acquire about 304 million Tesla shares at a preset price $23.34 a share if the company achieved certain goals. The judge ultimately ruled that Mr. Musk had effectively overseen his own compensation plan, valued at more than $50 billion last month, with the help of compliant board members.

During the coronavirus pandemic, Mr. Musk moved Teslas headquarters to Texas from California, although he said last year that the carmaker would move one component of that operation its engineering headquarters back to California.

He has also said that he wants to reincorporate Tesla to Texas from Delaware. But because Tesla, unlike SpaceX, is publicly traded, the move would require shareholder approval.

SpaceX still designs and builds its spacecraft at its headquarters in Hawthorne, Calif., a city near Los Angeles International Airport.

Mr. Musk announced SpaceXs corporate relocation to Texas hours before the company launched a robotic lander that will attempt to carry NASA payloads to the moon. The launch time had been postponed to early Thursday morning from Wednesday because of a technical issue.

See the rest here:

Elon Musk Says SpaceX Has Switched Incorporation to Texas - The New York Times

Stephen King refuses to call by the new name Elon Musk picked for the social network, X. In a reply to the legendary horror writer, Musk attempted to make an anti-trans joke accusing King of deadnaming the platform.

King on Wednesday wrote, According to the New York Times, terrorists may be paying for blue check marks on Twitter (I refuse to call it X).

Musk instead of addressing the allegation that his company is taking money from known terrorist organizations took the opportunity to mock deadnaming, in which someone uses a former name of a transgender person without their consent.

Stop deadnaming Respect our transition , Musk wrote in response to King. The right-wing Libs of TikTok account chimed in, asking facetiously, Is Stephen King transphobic? Musk has previously ridiculed people who indicate their preferred pronouns and said that X/Twitter has deemed cis and cisgender to be anti-heterosexual slurs. Musk is estranged from his daughter Vivian Wilson, who in 2022 changed her name and gender; in an October 2022 interview with the Financial Times, Musk blamed his daughters decision to distance herself from him on the takeover of elite schools and universities by neo-Marxists.

King was referring to the Times Feb. 14 story about a report from the Tech Transparency Project that found X was potentially violating U.S. sanctions by accepting payments from accounts that include Hezbollah leaders, Houthi groups, and state-run media outlets in Iran and Russia for the X Premium service, which gives subscribers verified check-mark status.

Musk has not commented on the TTP report. In a statement, X said, Our teams have reviewed the report and will take action if necessary. Were always committed to ensuring that we maintain a safe, secure and compliant platform.

Meanwhile, King has previously expressed his displeasure over Musks changing the name of the social network. In a July 2023 post, he wrote, Twitter Twitter Twitter Twitter Twitter Twitter Twitter Twitter Twitter Twitter Twitter Twitter Twitter Twitter. And in case you didnt get that: Twitter.

And King and Musk have previously sparred on X/Twitter. In October 2022, King, responding to a report that Twitter going to charge for blue check-marks, wrote, Fuck that, they should pay me. If that gets instituted, Im gone like Enron. He added, It aint the money, its the principle of the thing. Musk at the time replied to King, We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. How about $8 [per month]?

In April 2023, Musk purged most of Twitters legacy verified accounts after disparagingtheprevious verification policy as corrupt and nonsensical removing blue check marks of multiple high-profile accounts. Supposedly, anyone who wanted a blue check mark would need to subscribe to Twitter Blue (now called X Premium), which costs $8/month and up. In the wake of that move, King expressed confusion about the situation, tweeting, My Twitter account says Ive subscribed to Twitter Blue. I havent. My Twitter account says Ive given a phone number. I havent. Musk later claimed he was personally paying of Kings premium account and replied to the writer, Youre welcome namaste . A few days later, Twitter had restored check marks for hundreds of celebrities, including for those who said they werent paying the fee (as well as for several who are dead).

See the rest here:

Elon Musk Accuses Stephen King of 'Deadnaming' X After Author Insists on Calling It Twitter - Variety