I am a guy who sold his startup and I have like $20M in the bank. AMA.

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Send me $1000. Do you prefer paypal or bank transfer?

From the comments:

Two quick stories for you, which I hope will give you some perspective:

1. I knew a billionaire with cancer. Imagine having all the money in the world and being unable to eat.

2. I knew a super millionaire with half a dozen properties all over the world who lived next to another super millionaire with half a dozen properties all over the world; they were locked into a multi-million dollar argument over 6 feet of beachfront between them.

This is actually very relevant to my life. My medical condition can seriously interfere with the ability to eat and can cost hundreds of thousands per year in medical expenses. My oldest son has the same diagnosis. So, by getting me and my kids well, I am literally saving millions of dollars over the course of our lives, even though my income is probably a lot less than most members of this forum and the quality of life aspect of it is worth way more than money to us.

That helps keep me sane in the face of serious financial issues. :-) I also like to think that if I ever do have serious money, this perspective/experience will continue to keep me grounded and keep my priorities straight.

"My question for reddit: what would you do if you had $20M in the bank?"

Thats a hard question, with that kind of money I can't think of any obvious ideas that would have a big impact on humanity.

If he had said I have $20 billion heres my ideas:

- Make Creative Commons text books. Hire a group of editors and staff that over see super star teachers who write the books. Release them under the CC licence.

- Startup Apartment Complex in San Fransisco. Build a large building in San Fransisco with small apartments. Small on size big on quality. Some floors would be modular office space. Subsidize the rent for equity in Startups that move in.

- Rethink college: Start a college a new college. It would be like a start up but instead of starting a business your creating a new college.

- Create an ethical version of Best Buy. An consumer electronics store that actually puts the customer first and treats it's employees well. The same for an ethical version of Kmart.

Go for it