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Ask HN: Did you get "never have to work again rich" through software?

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Re: Ask HN: Did you get "never have to work again rich" through software?

#51

I feel obliged to comment, although not with my normal HN username. I’m 41. I retired two years ago at the age of 39. I spent 18 years working in Silicon Valley at four different companies of various sizes. At 29 I was promoted to a first-level manager. Two of the companies I worked for were successful while I was there, although not spectacularly so. Mostly I minimized my costs. For the last five years of my career,…

> I ran into an acquaintance on the street that I hadn’t seen in a year, and he said he’d heard of our parties and would like to get invited.

Straight from The Great Gatsby!

Do people often stereotype you as a Oligarch? Given that you probably moved to Moscow or St. Pete, what would be the relationship between an Oligarch (born with money) and you (worked for money)? What do they think about you and what do you think about them?

Re: Ask HN: Did you get "never have to work again rich" through software?

#52
post #18

Yes. I sold IndexTank to LinkedIn among other things. It was a gradual process for me that started with the first dot-com boom. It wasn't as big of a deal as I thought it would be. I was 41. Cashing out stock from public companies I've been at, selling consulting services before building IndexTank, selling IndexTank. I don't think there is such a thing as overall happiness. I do live in the present more than I used t…

Hi Diego,

Could you elaborate more on the cashing out of stock from public companies point? You sold IndexTank for 1.6 million dollars. I don't really consider that "never work again rich" in this day in age. Were the sales of your stock significant?

Re: Ask HN: Did you get "never have to work again rich" through software?

#53

Earlier quoted context omitted.

nice! The many girls thing will rapidly get boring though. Friends thing never will.

[Thanks, japhyr, for pointing that out although we obviously disagree] Actually, I've already figured that out. This guy is going to be my friend for the rest of my life even though I've only known him for a year. Several times it's happened that we both make excuses to ditch our respective girlfriends to just hang out alone together, drink wine and talk about life. Women have almost no intellectual curiosity. It is…

The Red Pill is leaking onto HN now? Damn

Re: Ask HN: Did you get "never have to work again rich" through software?

#54

Didn't do it (get rich). I have, however, developed panic attacks thanks to open-plan offices (noise isn't an issue, but being visible from behind for 8 hours per day is extremely unhealthy) and been pushed onto a second-tier career track due to the "job hopper" image that comes from a typical tech career. (I leave companies that don't invest in talent, and have no shame about it; but that makes going back to the hed…

Hi Michael, I came upon your post before and read them with interest. I agree with a lot of what you say re: "programmers being a defeated tribe" and how business doesn't respect coders to work on their craft. However, I don't necessarily agree with your reaction to the problem though.

Not to be patronizing, as I'm younger and have less technical/life xp than you, I'm 27, but you seem to respect the financial services a lot and consider them a "more honest" bunch than VC's, why not go into algorithmic trading for yourself? Knowing how trivial I make it sound, but it just seems like you're the type of the person who respect the merits of one's sheer intelligence, math, being financially/spiritually independent and answering to no one (least of all, management BS?).

Furthermore, in your posts, you seem to care a lot about "respect" (e.g., programmer salary and choice of programming languages in relation to VC salary and business decisions). I've experienced this myself great many times over in scrum project planning, layoff's and politics of CYA; so what you say is pretty much how I feel I could've written and most likely the stories of a lot of people here. But IMHO, we all made a choice to be "mercantile programmers" and had we cared about say, Haskell, Clojure or computational modeling, then one should apply for a PhD program in such or take a pay-cut to work in a research organization.

Again, I agree with you and would like better pay and opportunities to develop my career according to my selfish interest. But for a mediocre person like myself, I don't see how I can get away with everything (can't have the "salary" cake and eat "job satisfaction" it too). I struggle mightily with this but at some point, I have to make a choice that's most important to me, talking abstractly now but concretely, that means choosing better tech/research oriented opportunities over money.

Re: Ask HN: Did you get "never have to work again rich" through software?

#55
post #39

Yes > How did you do it? By not wanting to own anything, living in cheap countries, and finding things that I absolutely love doing that also happen to make some money :) > What did it feel like when you first realised it was going to be true that you would never have to work again if you didn't want to? The realization happened a couple of weeks ago and it was incredible. Seriously. It felt like pure, absolute freed…

How easy is it to find places to rent is these locations? Through Airbnb and such it seems you end up paying quite a high monthly rent.

As someone more or less in the OPs situation (greg), you stay in a hostel for a few days while looking at local ads or knocking on doors. If someone doesn't have a room or apt, they likely will take you to a neighbor who does.

I've lived for many, many months on what people back home (US) spend on food per month. To do this, you might have to lower standards a little and increase the importance of having new experiences. If I wasn't struggling financially for various reasons, but making a very average "US office job" salary while abroad, I'd have lived like a king in the countries I've lived in. As is, I've lived in what I'd consider interesting locations and been in interesting situations, never at risk of going hungry but, frankly, always worried about it. In my early 30s, I'm now rethinking my lifestyle a bit but don't regret what I've lived.

Re: Ask HN: Did you get "never have to work again rich" through software?

#57
post #40

I feel obliged to comment, although not with my normal HN username. I’m 41. I retired two years ago at the age of 39. I spent 18 years working in Silicon Valley at four different companies of various sizes. At 29 I was promoted to a first-level manager. Two of the companies I worked for were successful while I was there, although not spectacularly so. Mostly I minimized my costs. For the last five years of my career,…

Do you think the manager career path is still worth it, or is the 'technology-oriented' career path better?

It depends on the individual. Most (75%?) of engineers are not suited for management.

Most engineers have a "busy-beaver" personality type. "Show me the problem, I'll go solve it." This is a great personality type for an engineer, but it doesn't work well for a manager.

Managing is a different game. A lot of it is about pushing back and asking, "what is the question? does this really solve the right problem? are we solving the right problem?" You must be ready to negotiate on every front.

I made my share of rookie management mistakes. But I had the right personality type and I was generally quite successful as a manager.

In such a short message I can't possibly give your question due diligence. But I'd summarize it like this: if you have talent for what you do AND you are in the 25% of people with the "management" personality type, you will be successful.

Re: Ask HN: Did you get "never have to work again rich" through software?

#58
You know, this whole "wow, what's it like to win the lottery?!" attitude is what makes the startup world so destructive and, I'll say it, exploitative.

Yes, live an intense life building something cool - but don't forget that most startups fail, and even the ones that succeed often end up having most of their money go to investors and partners rather than the founders and builders.

Also, as other commenters here have noted, you would get a lot more mileage out of limiting your lifestyle and expenses than in focusing on the big payout. Bonus: if that payout comes, it'll last longer if you've grown a realistic approach to life.

I've known a number of people who made "set for life" fortunes, and some of them have blown those fortunes surprisingly quickly.

Re: Ask HN: Did you get "never have to work again rich" through software?

#60

Earlier quoted context omitted.

nice! The many girls thing will rapidly get boring though. Friends thing never will.

[Thanks, japhyr, for pointing that out although we obviously disagree] Actually, I've already figured that out. This guy is going to be my friend for the rest of my life even though I've only known him for a year. Several times it's happened that we both make excuses to ditch our respective girlfriends to just hang out alone together, drink wine and talk about life. Women have almost no intellectual curiosity. It is…

>Women have almost no intellectual curiosity. It is just how they are wired. If you want to have great conversations about anything meaningful, you must find a man.

This sounds like selection bias. From what you wrote, it sounds like two things are true of the women you meet.

  1. You're selecting them based on looks
  2. Your intention is, in most cases, to sleep with them
I'm not saying that no attractive women are intelligent, of course. What I am saying is that if you are selecting based on looks (and interest in clubs) then you're less likely to find intelligence. You're more likely to select your friends based on intelligence than looks, so it makes sense that the men you meet seem smarter. You're looking for different things.

Likewise, you're not trying to sleep with your friends. That dynamic isn't there. But if you're meeting women to at the very least explore the potential of sleeping with them, then you're probably consciously or unconsciously steering the discussion towards fun, sexual things.

I've accidentally torpedoed several first dates by having intellectual discussions with the women I was talking to. We had great discussions! But in most cases an in depth intellectual discussion is antithetical to creating sexual chemistry, at first.

You might consider finding some platonic female friends. You may discover they have qualities you don't notice when you're dealing with women mostly on the basis of trying to date them.

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