5 ms·

I’ve heard that many times and never seen it. Among people I know who’ve had payouts in that range the response is typically, “Well that wasn’t so hard. Maybe I

by JackFr 4y ago

I’ve heard that many times and never seen it. Among people I know who’ve had payouts in that range the response is typically, “Well that wasn’t so hard. Maybe I’ll try to do it again.”

titzer 4y ago
How many people have you personally seen make $40 million--not on paper, but in actual dollars? Just curious.
- glouwbug 4y ago
  Be wary of the Gods on Hackernews https://news.ycombinator.com/item?id=25047838 https://news.ycombinator.com/item?id=25047838
- chihuahua 4y ago
  I know one guy who started working at Amazon in 1998, got gradually promoted to VP over the years, and never spent much of his money. His net worth must be easily $40 million, perhaps much more - given what their stock price has done over the years. I'll never understand why he's still working there. The work environment (both physical and mental) at Amazon makes Microsoft look like a luxury resort in comparison.
  - WalterBright 4y ago
    Making money is fun for lots of people. Working as a high up mucky-muck can also be lots of fun. Puttering around in the garden, on the other hand, is a living hell.
- WalterBright 4y ago
  Nobody has Scrooge McDuck cash vaults.
  - SV_BubbleTime 4y ago
    The secret about rich people. Extremely few have liquidity. Mostly because their financial managers are smarter than that. I was briefly the owner of a really nice Ferrari. Never ever saw it myself. Sold some land to a guy, he was rich but no liquidity, sold me the car way under value, I sold it relatively easily with a little more time and effort than guy was willing to put in. Nobody has Scrooge McDuck cash vaults.
    - baud147258 4y ago
      I think I remember reading in more recent comics that Scrooge McDuck's money vault isn't to store his wealth (which is instead invested), but rather coins that were important, like attached to particular memories
      - WalterBright 4y ago
        Too bad. The older comics were more fun.
- JackFr 4y ago
  3. 2 were founders or co-founders and 1 is a college friend who was smart and worked hard, but also was right place, right time in the private equity world. (Me - I’m just a regular schmo but I probably trend old for HN)

by JackFr 4y ago

I’ve heard that many times and never seen it. Among people I know who’ve had payouts in that range the response is typically, “Well that wasn’t so hard. Maybe I’ll try to do it again.”

titzer 4y ago

How many people have you personally seen make $40 million--not on paper, but in actual dollars? Just curious.

glouwbug 4y ago
Be wary of the Gods on Hackernews https://news.ycombinator.com/item?id=25047838 https://news.ycombinator.com/item?id=25047838
chihuahua 4y ago
I know one guy who started working at Amazon in 1998, got gradually promoted to VP over the years, and never spent much of his money. His net worth must be easily $40 million, perhaps much more - given what their stock price has done over the years. I'll never understand why he's still working there. The work environment (both physical and mental) at Amazon makes Microsoft look like a luxury resort in comparison.
- WalterBright 4y ago
  Making money is fun for lots of people. Working as a high up mucky-muck can also be lots of fun. Puttering around in the garden, on the other hand, is a living hell.
WalterBright 4y ago
Nobody has Scrooge McDuck cash vaults.
- SV_BubbleTime 4y ago
  The secret about rich people. Extremely few have liquidity. Mostly because their financial managers are smarter than that. I was briefly the owner of a really nice Ferrari. Never ever saw it myself. Sold some land to a guy, he was rich but no liquidity, sold me the car way under value, I sold it relatively easily with a little more time and effort than guy was willing to put in. Nobody has Scrooge McDuck cash vaults.
  - baud147258 4y ago
    I think I remember reading in more recent comics that Scrooge McDuck's money vault isn't to store his wealth (which is instead invested), but rather coins that were important, like attached to particular memories
    - WalterBright 4y ago
      Too bad. The older comics were more fun.
JackFr 4y ago
3. 2 were founders or co-founders and 1 is a college friend who was smart and worked hard, but also was right place, right time in the private equity world. (Me - I’m just a regular schmo but I probably trend old for HN)