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....
Ask HN: Founders who sold their company, what do you do?
81–90 of 93 posts
Re: Ask HN: Founders who sold their company, what do you do?
#82I'll do a throwaway for this. Company had an exit that was about $120m personally for me about 3 years ago. It was a hard slog of about 14 years during which time me and my cofounders got sick of each other, most relationships that I came in with blew up and so on. It is so very strange to not work. First off, everyone all the time is lightly nagging you to work. I don't want to work! I already did that. Surprisingly…
Re: Ask HN: Founders who sold their company, what do you do?
#83-Actively working to strip away the identity/persona I built up over the last decade while leading the company, in order to get back to "who I really am and/or accurately understand who I've become" outside of the context of the company and the role of CEO/Founder.
-Reading SO MUCH. And specifically the book "The Adult Years" has been essential for me in understanding the life stages we all go through and how to manage transition best.
-Going on extreme/esoteric retreats: like climbing a snowy mountain this winter in Poland in just a bathing suit. I'm trying to push myself physically in ways I've never done before.
-Bought a house for the first time and am learning to be a DIY god.
-Supporting my wife's entrepreneurial journey as much as possible (she's the founder of her own successful company).
-Being open again to mentoring/supporting others as much as possible.
-I hope to soon become a Court Appointed Advocate so I can help NYC area kids who are caught up in "the system" in some way shape or form.
-Oh and...lot of financial/estate planning work :)
Re: Ask HN: Founders who sold their company, what do you do?
#84I sold my 10 year old company about a year ago and promoted my #2 to CEO to lead it post acquisition. Aside from the company related responsibilities I still have here's what I've been doing: -Actively working to strip away the identity/persona I built up over the last decade while leading the company, in order to get back to "who I really am and/or accurately understand who I've become" outside of the context of the…
I don't know how tall or remote was this mountain, but a guy I know nearly died (well, technically he was dead for a bit while they reanimated him on the rescue helicopter) running in Polish mountains last winter without a proper clothing.
Re: Ask HN: Founders who sold their company, what do you do?
#85Sold last year (2 founders) to a very focused private equity fund from a weak position - We were bootstrapped and profitable but large competitors entered the space and we were slowly losing the battle. From financial perspective it was personally a good deal. Now have a 3-year non-compete for a specific field. The new owner is doing well with a larger team, resources and synergies between their other investments. On…
I understand you can find new areas to work in, but I imagine you'd think back to previous work and be tempted to make connections to that field, or use some of what you built previously in the new context.
Is it difficult, or is it just a completely separate problem space?
Re: Ask HN: Founders who sold their company, what do you do?
#86The startup nearly killed me but I cashed out ~$3M after taxes. It’s all invested in a portfolio of index funds. I moved to a ski town in Colorado and ski 3x per week and volunteer teach fitness classes 4x per week. My wife and I have plenty of time and money so we “live sexy” - basically we’re swingers. We try to hook up with others for a threesome our foursome once a month or so. It is insanely fun but only works b…
Re: Ask HN: Founders who sold their company, what do you do?
#87I sold my 10 year old company about a year ago and promoted my #2 to CEO to lead it post acquisition. Aside from the company related responsibilities I still have here's what I've been doing: -Actively working to strip away the identity/persona I built up over the last decade while leading the company, in order to get back to "who I really am and/or accurately understand who I've become" outside of the context of the…
> Going on extreme/esoteric retreats: like climbing a snowy mountain this winter in Poland in just a bathing suit. I'm trying to push myself physically in ways I've never done before. I don't know how tall or remote was this mountain, but a guy I know nearly died (well, technically he was dead for a bit while they reanimated him on the rescue helicopter) running in Polish mountains last winter without a proper clothi…
Re: Ask HN: Founders who sold their company, what do you do?
#88First company I sold... paid off student loans, traveled around for a year.... then started a consultancy.. Second company I sold... invested in a friend's business (she's now my wife), self funded another business (that one failed to find a buyer).... went back to work... Third company I sold... paid down mortgages, put kids into private schools, fixed up house, self funded another business ( currently a going conce…
Re: Ask HN: Founders who sold their company, what do you do?
#89Earlier quoted context omitted.
>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.
I made 90% of my winnings online, and treated live tournies and cash games as kind of a break from my real job. I was a heads up specialist (we used to be referred in a derogatory sense as "bum-hunters") who could enjoy basically variance-free winnings if you were table selecting well enough. So my winnings were comfortably in the 6 figures each year pre-tax, until Black Friday hit and it all came crashing down.
Re: Ask HN: Founders who sold their company, what do you do?
#90Earlier quoted context omitted.
Always interesting to see what other people think is 'cool'. I love my wife too much to swing. Couldn't and don't want to imagine someone else having sex with my wife.
We mostly do FFM threesomes and soft swap (oral only) in larger group situations. She’s just not that interested in other guys, moreso the ladies, which works for me. I like to see her happy. She likes to see me happy. The dynamic obviously isn’t for everyone but it works for us.
Independend of my wifes choice of doing ffm, i will not do this until i'm compftable with fmm and i'm not. I don't even care for ffm or fmm very much anyway but fmm is the deal breaker for ffm.