Few know this, but when Elon Musk initially came to North America from South Africa, his first real work was in banking. Bank of Nova Scotia specifically.
Where it gets interesting is that as opposed to a reverential view of one of Canada’s top banks, Musk quickly concluded that banks in their present form were “lame,” and broadly bereft of creative thinkers. As Musk explained it to PayPal biographer Jimmy Soni (The Founders), his assessment was that if banks “are this bad at innovation, then any company that enters the financial space should not fear that banks will crush them – because the banks do not innovate.”
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