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Ask HN: What would you do with a million dollars today?

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Ask HN: What would you do with a million dollars today?

#1
It seems that VCs is throwing money indiscriminately at anything with a narrative.

Do you disagree with the fact that eco-chambers are getting bigger and louder? This in turn crowds out the true subcultures and emerging behavior.

If content marketing, meta-verse, tokenization of everything, short-form video, and meme investing are overrated, what seems underrated but high impact in the future?

What real problems are worth solving today with computers?

Re: Ask HN: What would you do with a million dollars today?

#2
I would go with tax preparation software. Barring that, OCR, and then, internet radio.

https://www.ibisworld.com/united-states/industry-trends/indu...

Profit is the most reliable signal of what people need. If they're paying extra, it means they get even more value out of it.

Not allowing profit is when economies fall.

Re: Ask HN: What would you do with a million dollars today?

#7
I guess it depends on if this counts as computers (technically it does IMO!), but with a million bucks to start a business I would get like an excavator and a dump truck and start a contracting company or something similar. Or a bucket truck and industrial wood-chipper and start a tree company. Something along those lines. There's tons of demand, a high barrier to entry, and it's all real-world usefulness.

The big roadblock is I don't know how to drive a dump truck, excavator, or bucket truck though. :)

Re: Ask HN: What would you do with a million dollars today?

#9
With a 'wind fall' 1 million dollars,

I would take about 20% and plan to squander it. Vacations, car, cloths.

I would put 80% in something with a time lock of about a year. Something with a penalty for early withdraw. This would provide 2 features:

1) Time to think about it

2) Protection from 'newly discovered' relatives and friends who want a piece. "Sorry I would love to help, but the money is invested, and there are SEVER penalties for early withdraw, you do not want me severely penalized do you?"

Now if you are talking about how I would invest a million dollars, that would be different. Short term I like lampshades idea of Wheat. Anything natural gas. Anything to protect against inflation.

Re: Ask HN: What would you do with a million dollars today?

#10
I know it's a typo, but I kind of like the idea of eco-chambers. It made me think of the Biosphere 2 project. I'd love to see somebody take another crack at that.

To answer your question - $1 million would fund two or three skilled people full time for a year. So the problem has to be relatively small. I'd maybe spend it on an ad blitz to try to find homes for dogs and cats currently in shelters in a small number of cities.

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