Hey Vanay, go do a thru-hike like the Pacific Crest Trail. You won't regret it. (I hiked it last year, and will again this year)
I am rich and have no idea what to do
251–260 of 1001 posts
Re: I am rich and have no idea what to do
#252> I should work for Elon and Vivek at DOGE and help America get off its current crash to defaulting on its own debt I’ve got an idea: take some good economics courses so that you learn how government spending actually works.
This is a facile dunk. Economics literature is filled with examples of debt destroying countries’ economies either through hyper inflation or default. Since the US controls its currency, it is very likely to take the inflation route, but if you get enough hawks they might choose to default.
Re: I am rich and have no idea what to do
#253Im sorta where this guy is but not wealthy much and my money train could run out and I'd have to find a new one. With that said I have lots of time on my hands, some work projects to focus on from time to time and currently single as of this summer. I live alone and a ton of my time is spent on apps connecting with people to meet up offline for adventure and adult fun in the hopes I will find my new person or new fri…
Some sources say each founder made $100 million. I am guessing after taxes he maybe only made $60 million? Still a lot
Re: I am rich and have no idea what to do
#254I read the blog post and many of the comments and can’t help but think… how is it you guys are so smart you can create enormous amounts of wealth with no idea what to use it on? There are millions of people struggling to survive and you have amassed a pile of resources you’ve determined the best thing to do with is bury?
There is a lot of luck involved in striking it rich and naiveté helps pave the way. Look at the section of the blog post on DOGE.
Doesn't it seem pretty childish and immature to think one is going to change the US with an organization that 1) isn't an official government agency and 2) has no political power. If Elon drops dead or falls out of favor with Trump the project is basically dead.
Re: I am rich and have no idea what to do
#255You could have some kids, and let them lead you :)
Re: I am rich and have no idea what to do
#256I'm pretty sure that you don't need to come into excessive wealth to go through this kind of identity crisis, but it does probably afford you a lot more free time to dwell on it (which probably makes it feel "bigger"). Here's hoping the author can settle on a new goal on which to anchor his identity, and here's also hoping that it's some kind of philanthropic/common good (helping move society towards low-carbon energy abundance would be my pick).
Re: I am rich and have no idea what to do
#257I didn’t have DOGE on this bingo card (though Mt Everest certainly was). It now sounds even more like a hobby club for Silicon Valley ultra-rich who have no interest to learn anything about how government works. Once they finish their beautiful “reinvented from first principles” decks of PDFs and Keynotes, they won’t get a second look from the elected politicians whose support they absolutely need to deliver any of t…
Mount Everest is 2km higher than 6800m. Go walk for 25-40 minutes, and then imagine going that distance straight up instead.
Trying to climb it without any training and getting anywhere close to succeeding is probably at best suicidal and at worst endangers/kills a rescue team or some portion thereof.
Not a mountaineer, but relatively well read on the subject.
Re: I am rich and have no idea what to do
#258[flagged]
Yeah, how did a screen recorder get $200 million funding or was acquired for $900 million? The tech was already saturated and old at the time. Skype and others were already established. Makes me think "been doing it all wrong" meme. I think the $60 million weas pre-tax? After tax oud be $40 million?...still a lot.
Re: I am rich and have no idea what to do
#259I have a solution. You can spend some money on me haha. I am the opposite. You know what they say “opposite attracts” and I am attracted to you being rich haha jk.
Jokes aside, it is wild to read comments like these. I guess I do not know that feeling. I come from a working class, I did good for myself but then got affected by the entire layoff wave which kind of sent me back to stone ages.
You could travel and you could invest in new ideas something that has potential to make a real life changes in our future. You could become Batman!
But dm me if you really want to help someone out.
Re: I am rich and have no idea what to do
#260I don’t think his problem is money. I think his problem is his identity (founder of Loom) suddenly disappeared. Now he needs to develop a new identity. This is especially difficult for single founders without kids (in the sense that people with spouse/kids already derive much of their identity from those 2 things). Selling a company isn’t all that different from going through a divorce (in the sense that your identit…
William Storr writes about this. His stance is humans are hard wired for status within their social group. The problem is when all your status eggs in one basket and it disappears, it’s not good for your mental health. He advocates for having your identity spread across many different pursuits and disparate social groups, although he admits he’s not very good at doing that himself.
In what book? Searched but can’t find anything that sounds like this.