831–840 of 1001 posts
I 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…
> 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.
You would not learn this in an economics course. Source: someone who has taken economics courses. Maybe a civics course.
Just an essay in ego-bashing and showing off. While I don’t deny the author is self-made, highly successful for his age and ultra-rich, this essay is just an attempt to stroke his ego. It’s evident in the paragraph below where he said he’s leaving DOGE to “save our government”. The writer lacks clarity and coherence of thought. How exactly is he saving the government after his DOGE stint? >> So, after 4 intense and i…
(not defending him, guy is delusional and a douche)
I don't think you have to have Fuck You Money to get to this point. Most people eventually become disillusioned with work enough that they reevaluate what matters to them. Getting a very profitable exit is just one way to trigger that experience. In my experience, a lot of people who get into this state start self-sabotaging hard as a way of rejecting what feels, ironically, like losing control. Sudden freedom can fe…
How do you get to a point of developing people? What is that Job title? At work I'm the goto guy for junior engineers to ask questions to and I've been told I'm a naturally good teacher
I 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…
I don't think his problem is money. I think his problem is he might not be a very good person.
Been there, done that. General comments: - Most people who make a lot of money all at once blow it within seven years. Check out what happens to lottery winners, jocks, and rappers. As a rule of thumb, you can safely spend 4% of your net worth per year. Pay yourself some fixed amount each quarter. - You don't have to get into complex investments. Half in some bond funds, half in some diversified stock funds will work…
> One guy bought a nightclub, but it loses money year after year. As far as I know, jwz was never a CEO, but he did the same thing.
"Sure it costs me a few hundred every month to keep the lights on, but it makes me happy."
Honestly, I wish more rich people did stuff like this instead of obsessing over making more money on the stock market or speculating on homes or whatnot. Learn to say enough is enough and switch to adding back to the world instead of leeching off of it.