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First, if you do a lot of the work yourself, "valued at" and "What it cost to build" are two very, very different numbers. Never forget that news articles will
by Syonyk 4y ago
First, if you do a lot of the work yourself, "valued at" and "What it cost to build" are two very, very different numbers. Never forget that news articles will tend to be lazy about "Oh, XYZ cost that much new, OK, add that in..." when someone like Steve is going to have a better line on used equipment at a good price, or perhaps some sponsorship deals.
Second, he's a big fan of the "nickel generator" projects - something that, once done, will generate some trickle of income more or less indefinitely on minimal additional labor. And he's got a lot of those in various forms.
Third, he lives simply. Quite so. And he's been around for a lot of years. All those add up to both a lot of connections, and likely a decent stockpile of cash for projects.
I met him some years back. Great all around technowizard!
How much do people on HN regularly spend on a house/car?
- microship 4y agoHi! You answered this perfectly. That "$1.2 million bicycle" is not at all an out-of-pocket figure. I can't even imagine what that would be... the real value includes all the goodies from sponsors, the amazing creations of volunteers, and some abstract notion of the value of the time. I think it came from some interview when the writer insisted on my putting a number on it, and it just stuck... for better or for worse.