Musk’s First Start-Up
Elon created his first company in 1995, straight out of college. He and his brother founded the Global Link Information Network. This company would later be renamed Zip2.
- The USP of this company was that they guided businesses that are struggling to understand how to set up and use the internet. Although this idea would eventually make Elon and his brother millions of dollars, they were not immediately successful. As the internet was a completely new concept, several businesses did not yet understand the value of putting their business online.
- Elon and his brother struggled to gain traction with their new startup until a venture capital firm was impressed by Elon’s energy and drive. Mohr Davidow Ventures decided to invest in the start-up after meeting Elon. They hired Rich Sorkin as CEO of the company, moving Elon further down the business.
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