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> With buying a house on exit you're planning on taking your money and doing something personal with it. When you're giving it to charity it's money you didn't
by cyphar 10y ago
> With buying a house on exit you're planning on taking your money and doing something personal with it. When you're giving it to charity it's money you didn't need.
And the founder could've easily continued to live in their parent's house. They don't need to buy a house either. And sometimes donating to charity is personal and necessary as well. Not everyone feels okay with swimming in giant piles of cash while other people need it more than them -- "other people" meaning charities. I don't work at a startup, but I pledge a significant portion of my salary towards many charities and free software projects. Why don't you do the same? It's not that I don't need my money (if you intend to invest your money then you technically always need more money), it's that they need money more than I do.