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I'm not sure I get this. Maybe I'll be fortunate enough one day to experience it first hand, but I'm perfectly happy to be the Paul Allen or Steve Wozniak. I r

by lusr 15y ago

I'm not sure I get this. Maybe I'll be fortunate enough one day to experience it first hand, but I'm perfectly happy to be the Paul Allen or Steve Wozniak. I remember reading iWoz and constantly got the impression that Woz was complaining about how he wasn't recognized for things that - in the big picture - are really not that important. Surely there are more important things in life to enjoy than worrying about the "unfairness" of stuff like this, particularly when you've become financially set for life? All I want to do is make enough money to comfortably explore the things I'm passionate about without being side-tracked by working on non-interesting things for survival, and get proper medical treatment in case I'm hit by a bus, and for taking care of my needs during my old age.

ChuckMcM 15y ago
I'm friends with a guy who was 'bought out' of his startup for north of $8M and he said something I found interesting. "Chuck its not about the money, until there is a lot of money and you're not getting it. I mean when its all hypothetical you can be generous, but when its not hypothetical, and the piece being offered is not what you had informally agreed upon, you tend to stop seeing what you're getting and instead focus on what you are not getting. That can be toxic." I think its just basic human nature.
- lusr 15y ago
  True, I don't doubt it is. I suppose all I'm saying is that I hope that if it ever happens to me I'll get over it quickly and move on happily with my $8M ;) I've learned a lot from Burns' "Feeling Good" and the nature of anger and pointlessness of worrying about unfairness in the world, and this just seems like another instance of something you can't control, probably can't influence (because you only recognize what's going on when it's too late), and consequently something you just need to accept. (I'm not saying don't anticipate it and try your best not to get screwed over, but if it happens, relax.)
- jc123 15y ago
  There will always be emotions but "informally agreed upon" is something that can be mitigated early in the partnership, to help neutralize them.

by lusr 15y ago

ChuckMcM 15y ago

I'm friends with a guy who was 'bought out' of his startup for north of $8M and he said something I found interesting. "Chuck its not about the money, until there is a lot of money and you're not getting it. I mean when its all hypothetical you can be generous, but when its not hypothetical, and the piece being offered is not what you had informally agreed upon, you tend to stop seeing what you're getting and instead focus on what you are not getting. That can be toxic." I think its just basic human nature.

lusr 15y ago
True, I don't doubt it is. I suppose all I'm saying is that I hope that if it ever happens to me I'll get over it quickly and move on happily with my $8M ;) I've learned a lot from Burns' "Feeling Good" and the nature of anger and pointlessness of worrying about unfairness in the world, and this just seems like another instance of something you can't control, probably can't influence (because you only recognize what's going on when it's too late), and consequently something you just need to accept. (I'm not saying don't anticipate it and try your best not to get screwed over, but if it happens, relax.)
jc123 15y ago
There will always be emotions but "informally agreed upon" is something that can be mitigated early in the partnership, to help neutralize them.