8 ms·

Hot take: "But boy was it worth it for all of this cash!" - Dorsey

sph 4y ago
It is, in the world where cash > everything else in life. I'd rather be happy with $100 million than being burnt out with $10 billion. YMMV.
- kayodelycaon 4y ago
  Having burned out spectacularly, I’d take $10 billion and retire. Then again, people who make $10B aren’t likely to be people who are happy not working. :)
  - ohgodplsno 4y ago
    People who make $10B "work" a few hours every day, at best.
    - boringg 4y ago
      You sure about that - pretty sure that wealth and asset control is all encompassing. But yeah they aren't contributing on an IC level at a company if you mean “work” as in sitting at a desk physically writing stuff.
  - boringg 4y ago
    Hope you are post burnout and recovering ok.
  - sph 4y ago
    As someone that has burned out spectacularly, if you can still carry on to get a bigger paycheck at the end, sorry to say, it's not burnout. You're just fed up. Signed: someone that said no to a big paycheck because I was so mentally dead it would have cost my physical health. I'm still recovering a year later.
adventured 4y ago
He gave 1/3 of his stake back to Twitter's employees. And recently gave away 28% of his net worth, pledging $1b of his Square stake - "to fund a combination of Covid-19 relief efforts, universal basic income and support for girls’ health and education." Your overly bitter hot take doesn't jive with reality very well in your suggestion that Dorsey particularly celebrates being wealthy.
- skeeter2020 4y ago
  There's nothing special about his billoinare's playbook though. After you sacrifice any and all morals & ethics to capture enough resources for a 1,000,000 lifetimes you set aside 1,000 lifetimes and use the rest to buy back your soul.
  - throwaway356cda 4y ago
    The Giving Pledge https://givingpledge.org/about https://givingpledge.org/about > The Giving Pledge is a movement of philanthropists who commit to give the majority of their wealth to charitable causes, either during their lifetimes or in their wills. https://en.wikipedia.org/wiki/The_Giving_Pledge https://en.wikipedia.org/wiki/The_Giving_Pledge I could write myself a letter about my in-this-lifetime philanthropic intent too. (Edit) Philanthtopy: https://en.wikipedia.org/wiki/Philanthropy https://en.wikipedia.org/wiki/Philanthropy - "Save", "Spend", and "Give" jars/envelopes - Open Source, Open Access - Open APIs, Open Standards; https://webmonetization.org https://webmonetization.org
  - xeromal 4y ago
    I've never understood this argument that to be a billionaire, it's required to destroy man peoples lives. There are plenty of people who got rich just selling their company. Hell, Notch (who is a piece of shit, but didn't have to be) became a billionaire by selling a video game. No murdering slaves required.
- hackerlight 4y ago
  If someone steals $X and gives 0.5*$X to charity, it's hard to see it as virtuous, even though it's preferable to giving $0 to charity. Getting rich off social media isn't literal theft, of course, but they've put such huge costs onto society which is paid for by us, so it is metaphorically similar. It's like a wealthy contract killer who donates half of his net worth ... Alright, but you made your money by extracting value from others.

sph 4y ago

It is, in the world where cash > everything else in life. I'd rather be happy with $100 million than being burnt out with $10 billion. YMMV.

kayodelycaon 4y ago
Having burned out spectacularly, I’d take $10 billion and retire. Then again, people who make $10B aren’t likely to be people who are happy not working. :)
- ohgodplsno 4y ago
  People who make $10B "work" a few hours every day, at best.
  - boringg 4y ago
    You sure about that - pretty sure that wealth and asset control is all encompassing. But yeah they aren't contributing on an IC level at a company if you mean “work” as in sitting at a desk physically writing stuff.
- boringg 4y ago
  Hope you are post burnout and recovering ok.
- sph 4y ago
  As someone that has burned out spectacularly, if you can still carry on to get a bigger paycheck at the end, sorry to say, it's not burnout. You're just fed up. Signed: someone that said no to a big paycheck because I was so mentally dead it would have cost my physical health. I'm still recovering a year later.

adventured 4y ago

He gave 1/3 of his stake back to Twitter's employees. And recently gave away 28% of his net worth, pledging $1b of his Square stake - "to fund a combination of Covid-19 relief efforts, universal basic income and support for girls’ health and education." Your overly bitter hot take doesn't jive with reality very well in your suggestion that Dorsey particularly celebrates being wealthy.

skeeter2020 4y ago
There's nothing special about his billoinare's playbook though. After you sacrifice any and all morals & ethics to capture enough resources for a 1,000,000 lifetimes you set aside 1,000 lifetimes and use the rest to buy back your soul.
- throwaway356cda 4y ago
  The Giving Pledge https://givingpledge.org/about https://givingpledge.org/about > The Giving Pledge is a movement of philanthropists who commit to give the majority of their wealth to charitable causes, either during their lifetimes or in their wills. https://en.wikipedia.org/wiki/The_Giving_Pledge https://en.wikipedia.org/wiki/The_Giving_Pledge I could write myself a letter about my in-this-lifetime philanthropic intent too. (Edit) Philanthtopy: https://en.wikipedia.org/wiki/Philanthropy https://en.wikipedia.org/wiki/Philanthropy - "Save", "Spend", and "Give" jars/envelopes - Open Source, Open Access - Open APIs, Open Standards; https://webmonetization.org https://webmonetization.org
- xeromal 4y ago
  I've never understood this argument that to be a billionaire, it's required to destroy man peoples lives. There are plenty of people who got rich just selling their company. Hell, Notch (who is a piece of shit, but didn't have to be) became a billionaire by selling a video game. No murdering slaves required.
hackerlight 4y ago
If someone steals $X and gives 0.5*$X to charity, it's hard to see it as virtuous, even though it's preferable to giving $0 to charity. Getting rich off social media isn't literal theft, of course, but they've put such huge costs onto society which is paid for by us, so it is metaphorically similar. It's like a wealthy contract killer who donates half of his net worth ... Alright, but you made your money by extracting value from others.