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> With a fair bit of luck, he manages to become wealthy, but not wanna-be-space-cadet wealthy. You might be underestimating the value of the YC portfolio and P
by aerosmile 6y ago
> With a fair bit of luck, he manages to become wealthy, but not wanna-be-space-cadet wealthy.
You might be underestimating the value of the YC portfolio and PG's stake in it.
- Balgair 6y agoIt's 'only' ~$50M or so [0], per what I could find with a quick googling. Other resources would be appreciated though! [0] https://www.wealthypersons.com/paul-graham-net-worth-2020-2021/ https://www.wealthypersons.com/paul-graham-net-worth-2020-20...
- dpritchett 6y agoThis article suggests that he and JL were half of a self-funded YC that took 6% of each company they funded. The YC portfolio is estimated at $300 billion from a random article I just Googled. 3% of that would be nine billion, assuming all four YC founders had equal shares and disregarding dilution as the portfolio companies took on more investors. Likely off by an order of magnitude in one direction or the other but still fair bit higher than 50 million.
- Balgair 6y agoWelp, yeah, nevermind then, he's in wanna-be-space-cadet tax brackets.