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I played professional poker for 3-4 years after selling my first startup in 2007. In hindsight I should have jumped straight back into tech, but I was seriously burned out and the poker monies was good.
Would you mind sharing round figures? I've always wondered how much pro poker players that don't have endorsements etc. actually manage to scrape away from the game after rake, travel expenses, leaks (pit games), etc.
Bought it back :)
Have you written about it anywhere, or want to share it here, maybe?
Exited with two co-founders when our runway ran out. Sold our IP and assets for a modest amount to our main competitor. I realised that (as CTO) the main area I couldn't contribute to was 'the business' of running a successful company. So I decided to remedy that, I joined McKinsey and left last year as an Associate Partner. I'm now the VP Engineering at a fast growing tech company (250+ people) and the impact I can…
We sold to one of the mega tech companies a couple of years ago. I'm still at the company as an engineering manager. I haven't decided what I want to do next and there's still some time until my golden handcuffs expire.
We sold to one of the mega tech companies a couple of years ago. I'm still at the company as an engineering manager. I haven't decided what I want to do next and there's still some time until my golden handcuffs expire.
If you don't mind to share, how long are your "golden handcuffs"? I'm quite fearful of those....
Earlier quoted context omitted.
If you don't mind to share, how long are your "golden handcuffs"? I'm quite fearful of those....
Anecdotally what I typically see is a big chunk of change over 4-5 years and then smaller chunks every year to extend the handcuffs. YMMV
Good question. Trying to invest carefully, enjoy life and undo the damage entrepreneurship did to my friendships, hobbies... No 40+ hours/week jobs any more, thank you.
Then I would spend a lot of time travelling, prepping travels, honing my hobbies, and probably I would also make investing more of a hobby. I expect it's good to see the effort and ambition of other people succeeding, even if one is only passively involved in what they are doing.
Last but not least: I hope you ask this question before you succeeded financially. In the big topics in life one should have at least a broad idea what one wants to do before huge failures or huge successes are incoming.