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I don't know about other people, but there's a number past which I do not care. N > 10^7 in my pocket after tax, I'm out, regardless of circumstances, regardles
by jaggederest 10y ago
I don't know about other people, but there's a number past which I do not care. N > 10^7 in my pocket after tax, I'm out, regardless of circumstances, regardless of ability to earn more. No ragrets.
- orthoganol 10y agoWith the caveat that maybe you derive deep satisfaction from growing your business and by it impacting the world. I always think, if I had "FU money" and didn't have to work, what would I do? I would probably start working on the greatest possible venture I could image myself doing. If that venture (maybe akin to a Tesla or a SpaceX) becomes a billion+ dollar company, still doesn't matter to me as a founder, there's no point for me to sell it. That said, a social network centered on photo sharing and a slightly more handy version of email or event sharing is definitely not one of these high impact ventures in my opinion, so yes, I would have sold that long ago and went to work on something more meaningful.
- harmegido 10y agoI suspect it's not about money at a certain point.
- spriggan3 10y agoIt is always about the money. The more money you have the more money you need to manage the money you already have. So it is always about the money. The Zuck was confident his website was worth way more than a billion. that's why he didn't sell.
- mywittyname 10y agoIf it was about money, he wouldn't be giving away most of his company while trying to retain a controlling stake. The fact that he is giving away his money suggests that he's more interested in being a successful business mogul than he is about being "FU rich."