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Maybe they would find those activities fulfilling? It’s their life, and wealth, after all.
Thank HN: My bootstrapped startup got acquired today
71–80 of 414 posts
Re: Thank HN: My bootstrapped startup got acquired today
#72* Are you happy with the journey, and the time horizon to exit?
* As advice to the impatient, do you have any insight into whether a sufficiently big exit could've been sooner?
Re: Thank HN: My bootstrapped startup got acquired today
#73Earlier quoted context omitted.
I met someone who was an early employee at King about a year after they were acquired for 5.9b - it’s a little different since he wasn’t involved with the sale, but he was still processing the insane amount of money he had. A year on he hadn’t moved out of his small apartment, still contracted, still used the same cheap phone, and hadn’t started investing beyond just the normal mutual funds/bonds/etc. it struck me as…
> I find it’s really interesting how people act when the financial pressure gets suddenly removed. It seems so strange to me to hear stories about people suddenly coming into a bunch of money and not finding contentment or even ending up depressed. If I could afford to retire today, I would do it in a heartbeat and I'm pretty sure I wouldn't run out of things I want to do. When the lotto gets to be above $1 billion,…
I buy lotto tickets for the same reason! Their expected value is very low but the maximum value is thought-provoking. For me, $50k would be life-changing. One billion is hard to imagine.
Re: Thank HN: My bootstrapped startup got acquired today
#74Well deserved.
Re: Thank HN: My bootstrapped startup got acquired today
#75Re: Thank HN: My bootstrapped startup got acquired today
#76Congratulations. I'm curious... what do people do after something like this? Vacation?
Re: Thank HN: My bootstrapped startup got acquired today
#77Earlier quoted context omitted.
I met someone who was an early employee at King about a year after they were acquired for 5.9b - it’s a little different since he wasn’t involved with the sale, but he was still processing the insane amount of money he had. A year on he hadn’t moved out of his small apartment, still contracted, still used the same cheap phone, and hadn’t started investing beyond just the normal mutual funds/bonds/etc. it struck me as…
> I find it’s really interesting how people act when the financial pressure gets suddenly removed. It seems so strange to me to hear stories about people suddenly coming into a bunch of money and not finding contentment or even ending up depressed. If I could afford to retire today, I would do it in a heartbeat and I'm pretty sure I wouldn't run out of things I want to do. When the lotto gets to be above $1 billion,…
Having said that ... I'm also not in that situation, you never know.
Re: Thank HN: My bootstrapped startup got acquired today
#78Re: Thank HN: My bootstrapped startup got acquired today
#79Earlier quoted context omitted.
> I find it’s really interesting how people act when the financial pressure gets suddenly removed. It seems so strange to me to hear stories about people suddenly coming into a bunch of money and not finding contentment or even ending up depressed. If I could afford to retire today, I would do it in a heartbeat and I'm pretty sure I wouldn't run out of things I want to do. When the lotto gets to be above $1 billion,…
> When the lotto gets to be above $1 billion, I'll usually buy a ticket because it's fun to imagine the life I could have with that money. I buy lotto tickets for the same reason! Their expected value is very low but the maximum value is thought-provoking. For me, $50k would be life-changing. One billion is hard to imagine.