The post says he won't make "yacht-and-helicopter money"... I think helicopters are cheaper than he thinks. On a billion-dollar acquisition, I can't imagine the near-cofounder having less than 1% (hopefully quite a bit more). This means at least $10M, which should be plenty for a helicopter. Maybe I'm reading his comment too literally.
My sense is Marco is looking at the money in terms of: "how much yearly income can my money generate, and what kind of lifestyle would that be?" (kind of like thinking about a retirement account). In that sense $10M in savings is not enough to start buying yachts and helicopters assuming he doesn't want to blow all the money at once like a stereotypical lottery winner. More importantly, he makes it clear he'll never…
The One-Person Product
41–50 of 107 posts
Re: The One-Person Product
#42I like reading this guys blog, it's well written and weaves a nice story to follow almost always. It's a shame a lot of the Tumblr crowd are like this: http://www.reddit.com/r/tumblrinaction The technology seems great and simple to use.
Re: The One-Person Product
#43I like reading this guys blog, it's well written and weaves a nice story to follow almost always. It's a shame a lot of the Tumblr crowd are like this: http://www.reddit.com/r/tumblrinaction The technology seems great and simple to use.
Re: The One-Person Product
#44Earlier quoted context omitted.
An excellent Tumblr post breaking down that Vanity Fair interview: http://jesuschristsiliconvalley.tumblr.com/post/46539276780/...
I feel I'm beyond the age where I can get away with saying/writing things like "Almost every line is something I want to print out, frame and then take a shit on" but by golly if it isn't entertaining to read someone else do it.
Re: The One-Person Product
#45Earlier quoted context omitted.
I never caught the [case] thing. Amazing.
Silicon valley now rivals Hollywood at creating entitled, pampered douchebags. Thank you that anonymous blogger on tumbler at so skillfully capturing that in one brilliant work of deconstruction.
Re: The One-Person Product
#46Earlier quoted context omitted.
Well, lots of brand new yachts can be had for mere hundreds of thousands, too. I don't think Marco has actually priced them. :)
Dock fees, fuel repair costs, insurance, and the salary for a licensed captain if your Yacht is over a certain size add up. Boats are not cheap. Even "small" (anyone with a automobile license can drive it) 40ft ones. My buddy's family owns a 45 ft Yacht and the joke at the harbor is BOAT = Break Out Another Thousand. Where they dock it they pay $10 per foot per month in dock fees which is cheap for the area. 5 miles…
Re: The One-Person Product
#47A quality of a great leader.
Phenomenal post, thanks so much for sharing this.
Re: The One-Person Product
#48Earlier quoted context omitted.
No, he did not. If you listen to his podcasts Marco's career is an open book. Basically, college -> unremarkable first job -> Tumblr employee nbr 2 -> Instapaper -> The Magazine.
While making money on doing podcasts and a blog on the side.
Re: The One-Person Product
#49I like reading this guys blog, it's well written and weaves a nice story to follow almost always. It's a shame a lot of the Tumblr crowd are like this: http://www.reddit.com/r/tumblrinaction The technology seems great and simple to use.
That actually makes me more wary of reddit than tumblr. For others, the llinked-to reddit seems to be mostly about laughing at and sometimes harassing people on tumblr that have pride in alternative lifestyles or viewpoints.
Re: The One-Person Product
#50That was a darn awesome Tech Meetup (presented my 1st thing there & Marco graciously took pictures of the event, some of me presenting too; thanks Marco) as there were only two unknown start-ups presenting that night amongst giants.
Congrats to them!