I'm an only child with 8 figure net worth aging parents. Even if they die, I'm tied to trusts that give me money slowly. What can I do to make my life interesting? I'm very technical and interested in AI, but don't have the drive to be an entrepreneur myself.
Ask HN: 8 figure parents
1–10 of 37 posts
Re: Ask HN: 8 figure parents
#2Do volunteer charity software development work for some worthy cause.
Re: Ask HN: 8 figure parents
#3Graduate school is wonderful, and AI departments are looking for students. Grad school made for some of the best years of my life. Eventually you have to crank out a thesis, but the journey is very rewarding.
Re: Ask HN: 8 figure parents
#4Graduate school is wonderful, and AI departments are looking for students. Grad school made for some of the best years of my life. Eventually you have to crank out a thesis, but the journey is very rewarding.
Already have MS computer engineering.
Re: Ask HN: 8 figure parents
#5Do volunteer charity software development work for some worthy cause.
Might be something to do if they die.
Re: Ask HN: 8 figure parents
#6We would love to have you look into joining our project.
We work from Oregon and Maryland. Currently we are a team of 2.
Re: Ask HN: 8 figure parents
#7We would love to have you look into joining our project. We work from Oregon and Maryland. Currently we are a team of 2. https://smartmadre.com/stats
Interesting. I'm aware of angel investing, and appreciate that low investments can single-handedly push a concept forward.
Re: Ask HN: 8 figure parents
#8We would love to have you look into joining our project. We work from Oregon and Maryland. Currently we are a team of 2. https://smartmadre.com/stats
Interesting. I'm aware of angel investing, and appreciate that low investments can single-handedly push a concept forward.
Project does not need funding, but could use another motivated technical person. Work on whatever you enjoy. Email is in my profile and on website.
Re: Ask HN: 8 figure parents
#9I know lots of people in this situation, including more than a few with "10 figure" parents, and the happiest ones are those who choose to ignore the money and live a normal life. They might live in nicer apartments, but for the most part they get the same jobs as their peers and go down the same career path. If they didn't do that I imagine it could become quite isolating.
If that doesn't interest you, you could start a company or go to school. You don't have the same pressure to make money that many recent grads do, because you have a big safety net if you fail. So the risk/reward ratio is higher for you in startup land.
I don't see why rich parents should change your behavior. Don't you want to be successful on your own? Or do you just want to wait for an inheritance (read: wait for both of your parents to die)?
What would your parents think if they read this post?
Re: Ask HN: 8 figure parents
#10I know lots of people in this situation, including more than a few with "10 figure" parents, and the happiest ones are those who choose to ignore the money and live a normal life. They might live in nicer apartments, but for the most part they get the same jobs as their peers and go down the same career path. If they didn't do that I imagine it could become quite isolating. If that doesn't interest you, you could sta…
Well I know a mid 8 figure only-child family, but don't know or lie about knowing "10 figure parents".
I'm working and getting a $28k bonus for evading the gift tax--that's fine for now. My parents would know about that part. I have the pressure to present any business ideas to my parents, or even the trustee. Video games frankly seem tempting.