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They are definitely in 'set for life if we make wise choices' territory. In another month I'm betting they will be in 'set for life even if we make foolish choi

They are definitely in 'set for life if we make wise choices' territory. In another month I'm betting they will be in 'set for life even if we make foolish choices' territory. I'm really happy for them. They really stayed true to their passion and I'm happy to see them rewarded for this.

eadmund 4y ago
> In another month I'm betting they will be in 'set for life even if we make foolish choices' territory. I hope so, but it is amazing how quickly one can burn through money by making foolish choices. Or just being unlucky. I can’t be the only one who remembers esr being worth tens of millions on paper, then losing basically all of it.
- syeare 4y ago
  Are you talking about Eric Raymond? The Cathedral and The Bazaar? I never knew he struck it rich
  - bhaak 4y ago
    https://lwn.net/1999/1216/a/esr-rich.html https://lwn.net/1999/1216/a/esr-rich.html IIRC the stock price fell quite a bit before he could sell.
- DonHopkins 4y ago
  It wasn't bad luck, it was bad karma. ESR earned so much bad karma by being such a terrible racist jackass that he deserved to lose it all.
datalopers 4y ago
Are they? 300,000 units * $30 = $9M - 30% Steam tax = $6.3M in a single year take out federal taxes (just gonna call it 36% and ignore SFJ/MFJ), leaves them about $2M each. I'm sure they're some sort of a legal entity in WA state and will owe the b&o tax too. They deserve it absolutely but $2M each does not put them in a position of "fuck you" [1]. [1] https://www.youtube.com/watch?v=xdfeXqHFmPI https://www.youtube.com/watch?v=xdfeXqHFmPI
- deleted 4y ago
  [deleted]
- Arrath 4y ago
  I also read, though who knows whether the source was at all accurate, that after the Steam cut, Kitfox takes a goodly chunk (north of 50% IIRC) out until their own expenses for development are paid, and then their cut ratchets down to 20% or so.
  - datalopers 4y ago
    Oh, I didn't realize they had a publisher involved too. Yeah, this is a nice payday but it's just a start before it's life-changing for these two hackers. Let's see another 300k in sales!
    - bombcar 4y ago
      People who want to support Tarn and Zach but don't want to buy the game can "donate" directly: http://www.bay12games.com/support.html http://www.bay12games.com/support.html
      - DonHopkins 4y ago
        Or who thought they deserve more than their game cost! I just sent them $100 on top of the $30 I spent on the game.
        bombcar 4y ago
        I was lucky enough to contribute back when you still got ascii art rewards (memoralized here: https://dwarffortresswiki.org/index.php/ASCII_art_reward/A-F#Bombcar https://dwarffortresswiki.org/index.php/ASCII_art_reward/A-F... ) - and somewhere I have a crayon drawing.
        Arrath 4y ago
        Same! Was well past due to give them another infusion.
jujube3 4y ago
> They are definitely in 'set for life if we make wise choices' territory Sure it seems that way now, but what happens when a volcano appears under their house and it floods with lava? Or they go to war with the elves?
- lcnPylGDnU4H9OF 4y ago
  I'm sure they'll be able to afford volcano insurance. I bet they could even find someone who's willing to insure their homes against Elf invasions.
  - PointyFluff 4y ago
    That's a thing, in Washington.
    - qup 4y ago
      Where does Washington get elves from?
      - kennymeyers 4y ago
        Canada
      - tormeh 4y ago
        They came from across the veil to join him in his fight against the English. Obviously.
      - sitkack 4y ago
        Mostly Skamania county.
- DoubleFree 4y ago
  They'll just have to remember that losing is fun
- opportune 4y ago
ilyt 4y ago
Not with american healthcare, could burn thru that pretty quickly. ...which was entire reason for Steam release in the first place
- falcolas 4y ago
  Heartbreaking. Even with millions, cancer could destroy you financially. One paramedic prices having a heart attack at about $400k pre-insurance† (or no insurance). Check those limits on your plan... † Healthline has an article with another example from 2012 priced at $500k
  - sgerenser 4y ago
    Why would someone with millions not at least have an ACA plan? Even the worst ACA plan has an out-of-pocket max of around $10K individual and $20K family.
    - ryandrake 4y ago
      Personally, I don't trust "words from an insurance company." My health insurance company has more money and lawyers than I do. If I get cancer or something and they want to drain my life savings, they probably have some words on page 561 of my insurance policy allowing them to do it. What am I going to do about it, hire an attorney with my $0 balance and sue them?
      - bornfreddy 4y ago
        Can you pay some "insurance of insurance", where someone guarantees they will win your fight, otherwise they lose a big chunk of their money as collateral?
    - falcolas 4y ago
      Out of pocket maximums and limits (or aggregate limits) are two different concepts. Once the insurance plan's limit has been reached, it doesn't matter how much you've paid out of pocket. The ACA does prohibit these limits for certain "essential health benefits", but there's a lot of wiggle room that insurance providers will take advantage of.
NaturalPhallacy 4y ago
I hope they read this thread: "So, what the hell DO you do if you are unlucky enough to win the lottery?" https://old.reddit.com/r/AskReddit/comments/24vo34/whats_the_happiest_5word_sentence_you_could_hear/chb4v05/ https://old.reddit.com/r/AskReddit/comments/24vo34/whats_the... It's got some dark news, but real advice that seems legit.
- Firmwarrior 4y ago
  ~~I feel like HackerNews has enough reasonably financially-literate people that we can do better for advice to someone than that If you're going the Reddit route, at least link to /r/fatfire or /r/personalfinance A competent business owner coming into a windfall this size is in a pretty good spot compared to your average rando off /r/askreddit~~ EDIT: Please disregard this comment, just left it here as a monument to my own jerkness
  - ghiculescu 4y ago
    What advice would you give that’s different to that post?
    - Firmwarrior 4y ago
      Ah, sorry, that was actually good advice, haha. I saw "AskReddit", quickly skimmed and saw something along the lines of "Every lottery winner gets murdered by family", and jumped to the conclusion that this was your typical /r/AntiWork-esque "Mediocrity is good" viral post. I think all the advice he posted about setting up trusts, buying index funds and treasuries, etc would fit in great here, on /r/fatfire, MMM or anywhere else.

eadmund 4y ago

> In another month I'm betting they will be in 'set for life even if we make foolish choices' territory. I hope so, but it is amazing how quickly one can burn through money by making foolish choices. Or just being unlucky. I can’t be the only one who remembers esr being worth tens of millions on paper, then losing basically all of it.

syeare 4y ago
Are you talking about Eric Raymond? The Cathedral and The Bazaar? I never knew he struck it rich
- bhaak 4y ago
  https://lwn.net/1999/1216/a/esr-rich.html https://lwn.net/1999/1216/a/esr-rich.html IIRC the stock price fell quite a bit before he could sell.
DonHopkins 4y ago
It wasn't bad luck, it was bad karma. ESR earned so much bad karma by being such a terrible racist jackass that he deserved to lose it all.

datalopers 4y ago

Are they? 300,000 units * $30 = $9M - 30% Steam tax = $6.3M in a single year take out federal taxes (just gonna call it 36% and ignore SFJ/MFJ), leaves them about $2M each. I'm sure they're some sort of a legal entity in WA state and will owe the b&o tax too. They deserve it absolutely but $2M each does not put them in a position of "fuck you" [1]. [1] https://www.youtube.com/watch?v=xdfeXqHFmPI https://www.youtube.com/watch?v=xdfeXqHFmPI

deleted 4y ago
[deleted]
Arrath 4y ago
I also read, though who knows whether the source was at all accurate, that after the Steam cut, Kitfox takes a goodly chunk (north of 50% IIRC) out until their own expenses for development are paid, and then their cut ratchets down to 20% or so.
- datalopers 4y ago
  Oh, I didn't realize they had a publisher involved too. Yeah, this is a nice payday but it's just a start before it's life-changing for these two hackers. Let's see another 300k in sales!
  - bombcar 4y ago
    People who want to support Tarn and Zach but don't want to buy the game can "donate" directly: http://www.bay12games.com/support.html http://www.bay12games.com/support.html
    - DonHopkins 4y ago
      Or who thought they deserve more than their game cost! I just sent them $100 on top of the $30 I spent on the game.
      - bombcar 4y ago
        I was lucky enough to contribute back when you still got ascii art rewards (memoralized here: https://dwarffortresswiki.org/index.php/ASCII_art_reward/A-F#Bombcar https://dwarffortresswiki.org/index.php/ASCII_art_reward/A-F... ) - and somewhere I have a crayon drawing.
        Arrath 4y ago
        Same! Was well past due to give them another infusion.

jujube3 4y ago

> They are definitely in 'set for life if we make wise choices' territory Sure it seems that way now, but what happens when a volcano appears under their house and it floods with lava? Or they go to war with the elves?

lcnPylGDnU4H9OF 4y ago
I'm sure they'll be able to afford volcano insurance. I bet they could even find someone who's willing to insure their homes against Elf invasions.
- PointyFluff 4y ago
  That's a thing, in Washington.
  - qup 4y ago
    Where does Washington get elves from?
    - kennymeyers 4y ago
      Canada
    - tormeh 4y ago
      They came from across the veil to join him in his fight against the English. Obviously.
    - sitkack 4y ago
      Mostly Skamania county.
DoubleFree 4y ago
They'll just have to remember that losing is fun
opportune 4y ago

ilyt 4y ago

Not with american healthcare, could burn thru that pretty quickly. ...which was entire reason for Steam release in the first place

falcolas 4y ago
Heartbreaking. Even with millions, cancer could destroy you financially. One paramedic prices having a heart attack at about $400k pre-insurance† (or no insurance). Check those limits on your plan... † Healthline has an article with another example from 2012 priced at $500k
- sgerenser 4y ago
  Why would someone with millions not at least have an ACA plan? Even the worst ACA plan has an out-of-pocket max of around $10K individual and $20K family.
  - ryandrake 4y ago
    Personally, I don't trust "words from an insurance company." My health insurance company has more money and lawyers than I do. If I get cancer or something and they want to drain my life savings, they probably have some words on page 561 of my insurance policy allowing them to do it. What am I going to do about it, hire an attorney with my $0 balance and sue them?
    - bornfreddy 4y ago
      Can you pay some "insurance of insurance", where someone guarantees they will win your fight, otherwise they lose a big chunk of their money as collateral?
  - falcolas 4y ago
    Out of pocket maximums and limits (or aggregate limits) are two different concepts. Once the insurance plan's limit has been reached, it doesn't matter how much you've paid out of pocket. The ACA does prohibit these limits for certain "essential health benefits", but there's a lot of wiggle room that insurance providers will take advantage of.

NaturalPhallacy 4y ago

I hope they read this thread: "So, what the hell DO you do if you are unlucky enough to win the lottery?" https://old.reddit.com/r/AskReddit/comments/24vo34/whats_the_happiest_5word_sentence_you_could_hear/chb4v05/ https://old.reddit.com/r/AskReddit/comments/24vo34/whats_the... It's got some dark news, but real advice that seems legit.

Firmwarrior 4y ago
~~I feel like HackerNews has enough reasonably financially-literate people that we can do better for advice to someone than that If you're going the Reddit route, at least link to /r/fatfire or /r/personalfinance A competent business owner coming into a windfall this size is in a pretty good spot compared to your average rando off /r/askreddit~~ EDIT: Please disregard this comment, just left it here as a monument to my own jerkness
- ghiculescu 4y ago
  What advice would you give that’s different to that post?
  - Firmwarrior 4y ago
    Ah, sorry, that was actually good advice, haha. I saw "AskReddit", quickly skimmed and saw something along the lines of "Every lottery winner gets murdered by family", and jumped to the conclusion that this was your typical /r/AntiWork-esque "Mediocrity is good" viral post. I think all the advice he posted about setting up trusts, buying index funds and treasuries, etc would fit in great here, on /r/fatfire, MMM or anywhere else.