From Fortune:



Elon Musk discussed his reasoning behind seeking investors for his various ventures, despite having the capacity to fund them himself. He explained that each investor is an ally and that outside assessment of the value of the company is important. Musk also wants to provide liquidity to employees with stock options and ensure that their incentives are aligned with the company’s success. He acknowledged the risks and controversies typical of his ventures but emphasized that he has never lost money for an investor. Musk is seeking large investments for his other companies as well, and he stressed the importance of treating capital well to ensure that it treats you well in return. He also expressed the need to stay mindful and avoid becoming complacent or entitled.



Original: Elon Musk on taking VC funding when he doesn’t need to