41–50 of 70 posts
I freaking love everything about the story of Notch and Minecraft, including this. I want to live in a world where a geek can sit in his bedroom and create some cool shit, that enables him buy a $70 million mansion in Beverly Hills.
The observation should really be: creating anything interesting gives you potential to be wealthy.
I know this is primarily a forum for American capitalists, but am I the only person here who would feel utterly ashamed of myself for spending 70 million dollars on a house? I'd feel outright embarrassed to admit it to any of my friends. The good you could do with that sort of money... And then to just blow it on a house.
Earlier quoted context omitted.
I think it is difficult to imagine what it would actually be like to have that kind of money, the Minecraft success is such a ridiculous outlier. He pretty much went from being an average swede with little savings to having more money than everyone. At this point, he can give away millions of dollars every month and still end up having more money than he started with. In theory I agree with you in your sentiment, but…
I'd be careful if I were him. His income is gone as far as I know. Unless he does some smart investing with the current cash reserve he could be broke in ~10 years. Just an interesting observation; Minecraft was sold for 2.5B $, let's assume Notch got 1.5B $ out of it. Buying that house alone cost him 5% of his entire wealth.
Earlier quoted context omitted.
I think it is difficult to imagine what it would actually be like to have that kind of money, the Minecraft success is such a ridiculous outlier. He pretty much went from being an average swede with little savings to having more money than everyone. At this point, he can give away millions of dollars every month and still end up having more money than he started with. In theory I agree with you in your sentiment, but…
I'd be careful if I were him. His income is gone as far as I know. Unless he does some smart investing with the current cash reserve he could be broke in ~10 years. Just an interesting observation; Minecraft was sold for 2.5B $, let's assume Notch got 1.5B $ out of it. Buying that house alone cost him 5% of his entire wealth.
I know this is primarily a forum for American capitalists, but am I the only person here who would feel utterly ashamed of myself for spending 70 million dollars on a house? I'd feel outright embarrassed to admit it to any of my friends. The good you could do with that sort of money... And then to just blow it on a house.
I think it is difficult to imagine what it would actually be like to have that kind of money, the Minecraft success is such a ridiculous outlier. He pretty much went from being an average swede with little savings to having more money than everyone. At this point, he can give away millions of dollars every month and still end up having more money than he started with. In theory I agree with you in your sentiment, but…
I know good furniture is expensive, but seems like a lot!
Good for him. I also enjoy the fact that he's bought something which I can imagine would be relatively straightforward to recreate in the game which got him there. People saying it's a "tasteless piece of real estate" seem misguided. It's a lovely building, architecturally. I don't think the furnishings do it justice (it's all too plush and nouveau) but it's a really lovely design.
A slightly more modest but spacious house on the outskirts of the city is more my style.
I mean imagine how many other cool things you could do with that money instead of having sit in some house.
Well regardless it's his money and he can do whatever he wants with it although i wish he would invest it in something more interesting.
Earlier quoted context omitted.
I think it is difficult to imagine what it would actually be like to have that kind of money, the Minecraft success is such a ridiculous outlier. He pretty much went from being an average swede with little savings to having more money than everyone. At this point, he can give away millions of dollars every month and still end up having more money than he started with. In theory I agree with you in your sentiment, but…
For me that is what makes such uses of wealth so shocking. Doesn't notch have a better idea just how much 70m is and what it could do for other people.
I know this is primarily a forum for American capitalists, but am I the only person here who would feel utterly ashamed of myself for spending 70 million dollars on a house? I'd feel outright embarrassed to admit it to any of my friends. The good you could do with that sort of money... And then to just blow it on a house.
Besides, I'm fairly sure Notch will put part of those billions towards worthy causes.
Good for him. I also enjoy the fact that he's bought something which I can imagine would be relatively straightforward to recreate in the game which got him there. People saying it's a "tasteless piece of real estate" seem misguided. It's a lovely building, architecturally. I don't think the furnishings do it justice (it's all too plush and nouveau) but it's a really lovely design.
To be honest it's probably not something I would do. I mean it's certainly a lovely house but it is 70 million worthy? A slightly more modest but spacious house on the outskirts of the city is more my style. I mean imagine how many other cool things you could do with that money instead of having sit in some house. Well regardless it's his money and he can do whatever he wants with it although i wish he would invest i…