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Earlier quoted context omitted.
It is interesting how many stories in a way involve running or moving away from the lifestyle that ... bought them a new lifestyle.
Well, you don't need a million dollars to do nothing, man. Take a look at my cousin: he's broke, don't do shit.
Thanks for sharing, this is really inspiring!
Just wondering, for other bootstrappers, if you do end up selling for, I don't know, $200 million letsay, how does that money generally get split? What percentage of the company did you own before selling, and what were the tradeoffs when selling ownership?
Earlier quoted context omitted.
> 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.
What would you do with $50k that would make such a difference in your life?
When you're living paycheck-to-paycheck, even just $10K in credit card debt at 30% is enough to keep you down. ~$250/month merely pays the interest.
Maybe there's medical stuff that needs to get done. Maybe the car needs fixing. Maybe you haven't gone on vacation in YEARS and it's taking a huge toll on mental health. I mean, consider how many people work jobs that don't offer ANY PTO, so even going on a stay-cation costs money due to lost wages.
Yet sharing the cost of the sale I'd be concerned about doing that on the public Internet.
As a former employee of VWO who worked there for ~3 years, I'm curious about the future of the company.