Why take the risk of starting a car company instead of joining an established automaker?
Replied byRJ Scaringe
Founder & CEO at Rivian
Niche: Agencies
Revenue: Approximately $400M+ USD/month
Location: Irvine, California, USA
Started: 2009
I understood the chances of success were extremely low because building a car company requires massive amounts of capital, talent, technology, and infrastructure. However, I believed that if it succeeded, the impact could be enormous. The possibility of creating meaningful change was worth taking the risk.
0
From the Full Interview
This answer is part of a full interview with RJ Scaringe, Founder & CEO at Rivian.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from RJ Scaringe's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
What risk arises when business systems exist solely inside the founder's head?
By Marjorie Gutierrez
Agencies
Not Publicly Disclosed/mo
What would it take for you to change your perspective on generative AI?
By Edward Zitron
Agencies
Not Publicly Disclosed/mo
What makes building an automotive company so difficult?
By RJ Scaringe
Agencies
Approximately $400M+ USD/mo
Why do you emphasize that artificial intelligence cannot rescue a business that suffers from broken processes?
By Marjorie Gutierrez
Agencies
Not Publicly Disclosed/mo
How has your multicultural background and career across London, New York, and Mexico City influenced your approach to leadership?
By Marjorie Gutierrez
Agencies
Not Publicly Disclosed/mo
How critical is understanding regional culture and etiquette when conducting international business?
By Marjorie Gutierrez
Agencies
Not Publicly Disclosed/mo
What operational lessons did you carry from the corporate fine art shipping sector into your consultancy?
By Marjorie Gutierrez
Agencies
Not Publicly Disclosed/mo