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The point of a big score is not to retire. It is having the privileige of not having to worry about money and being able to do exactly what you want. If I sol
by globalrev 18y ago
The point of a big score is not to retire.
It is having the privileige of not having to worry about money and being able to do exactly what you want.
If I sold a company for 200 million dollars I'd give half of it to charity, keep 10 millions as my own money and then put the rest in some big hard interesting project.
- run4yourlives 18y agoCouldn't you just do exactly what you want in the first place?
- pchristensen 18y agoNo, since the big hard project might require lots of money to do. Normally, money has strings attached (must be paid back, must give equity in a company with potential for liquidity, etc) which restricts what you can do. Do you think pg could have started YC w/o his ViaWeb $$? Or could tlb start AnyBots? Sure, you can work on stuff like that in your spare time, but huge projects usually require a bigger commitment than fits into spare time. Not having to sacrifice time or focus on earning money gives you a whole lot more to throw at a problem.